California passed a law that indefinitely extends the authority for institutions, and other self-service storage facility owners, to send notices and documentation by electronic mail. Under the existing California Self-Service ...
On September 16, 2022, the White House released its First-Ever Comprehensive Framework for Responsible Development of Digital Assets (“Framework”). The Framework takes into account several federal agency reports submitted to ...
The Federal Deposit Insurance Corporation (FDIC) released supervisory guidance regarding potential risks arising from multiple re-presentment non-sufficient funds (NSF) fees to ensure that supervised institutions are aware of the consumer ...
The FDIC released an Advisory to FDIC-Insured Institutions Regarding FDIC Deposit Insurance and Dealings with Crypto Companies to address (1) concerns about the risks of consumer confusion or harm arising ...
The California Privacy Protection Agency (CPPA) announced that they have begun the formal rulemaking process to adopt the proposed regulations that implement the Consumer Privacy Rights Act of 2020 (CPRA). ...
The New York State Department of Financial Services released an Industry Letter that has identified several unfair or deceptive acts or practices regarding the imposition of overdraft fees and non-sufficient funds ...
We previously reported that the House and Senate released a bipartisan bill concerning data privacy called the American Data Privacy and Protection Act (ADPPA). On June 23, the Subcommittee Consumer Protection ...
The CFPB is conducting supervisory research to collect five metrics from more than 20 institutions about the consumer impact of their overdraft and non-sufficient fund (NSF) practices. These consumer-impact metrics ...
The NCUA has told credit unions they can use the technology behind cryptocurrency as long as they follow NCUA principals to ensure compliance with existing regulations and don’t create undue ...
South Carolina adopts the South Carolina Uniform Transfers to Minors Act. The adoption of this law repeals South Carolina's existing Uniform Gifts to Minors Act. While sections of the new ...