14 Jan 2020CFPB Announces Members of New Taskforce on Federal Consumer Financial Law


The Consumer Financial Protection Bureau has recently announced the membership of the Taskforce on Federal Consumer Financial Law. The creation of…

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13 Jan 2020A New Privacy Front: A Data Fiduciary


The concept of a “data fiduciary” or an “information fiduciary” is mostly an academic discussion, spilling out on the pages of…

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11 Jan 2020California Dreaming: A State-CFPB


The the website of the California Department of Business Oversight (DBO) is a posting about the proposal to for Consumer Financial…

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11 Jan 2020NYDFS makes technical changes to cybersecurity filings


The New York DFS has issued a “consensus [notice of proposed] rule making to amend section 500.17 and Appendix A of…

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10 Jan 2020CFPB action against companies over alleged FCRA violations


In a press release the CFPB announced that it filed “suit against several companies and individuals involved in offering student loan…

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10 Jan 2020A new sheriff in California? Governor proposes a state-CFPB


Based on reports from the LA Times and the American Banker, Californian Gov. Gavin Newsom “is planning to create a powerful…

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09 Jan 2020U.S. judge OKs $562K settlement of class-action lawsuit over inaccurate criminal background checks


As reported by the Patriot-News in Harrisburg, Pennsylvania, Judge Yvette Kane of the Middle District of Pennsylvania has approved a “$562,500…

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07 Jan 2020The Data Debate: Presidential Candidates on Consumer Data


The Democratic presidential candidates have chimed in on the data debate. They are focusing their attentions on housing, credit reporting, employment…

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07 Jan 2020On Our Radar: The Sense of the House Committee on Financial Services Regarding Consumer Data


Over the past year we have seen an unprecedented amount of legislation concerning our industry pass out of the House Financial…

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07 Jan 2020A new front opened by plaintiff attorneys: targeting “illegal loans”


“A class of more than 100,000 payday loan customers reached a $24 million cash settlement [recently] to end allegations that consumer-reporting…

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