CFPB Finalizes Rule to Supervise Large Digital Consumer Payment Apps

The Consumer Financial Protection Bureau issued a final rule that establishes supervisory authority over nonbank companies that are larger participants in a market for general-use digital consumer payment applications. Source link Read more »

Post-Election Analysis: Implications for Consumer Finance Regulation

An update on the possible implications of the 2024 election on the US regulation of consumer finance. Source link Read more »

CFPB Issues Consumer Advisory on Risks of Financial Transactions in Video Gaming

The Consumer Financial Protection Bureau (CFPB) issued an advisory on the risks associated with financial transactions in video games and virtual worlds. Source link Read more »
New Hampshire Governor Enacts Consumer Privacy Law

New Hampshire Governor Enacts Consumer Privacy Law

On March 6, New Hampshire Governor Chris Sununu signed into law SB 255, a sweeping consumer privacy bill. The Act gives consumers broad rights regarding their privacy and control over their personal data.  What... Read more »
New Data Collection Initiative Under Consumer Financial Protectio

New Data Collection Initiative Under Consumer Financial Protectio

In a move to bridge significant data gaps identified through its February 2023 Auto Finance Data Pilot where it sent information requests to nine large auto lenders about their lending portfolios, the Consumer Financial... Read more »
Consumer Financial Protection Bureau and Attorney Generals Sue

Consumer Financial Protection Bureau and Attorney Generals Sue

On January 10, the CFPB and the attorneys generals of Colorado, Delaware, Illinois, Minnesota, New York, North Carolina, and Wisconsin sued a New York-based debt relief company and its founders in the U.S. District... Read more »
New Jersey Signs Comprehensive Consumer Privacy Law

New Jersey Signs Comprehensive Consumer Privacy Law

On January 16, 2024, New Jersey Governor Phil Murphy signed into law Senate Bill No. 332, “An Act concerning online services, consumers, and personal data” (“SB 332”). New Jersey is the fourteenth state... Read more »
New Jersey Legislature Enacts the First Consumer Privacy Law of 2024

New Jersey Legislature Enacts the First Consumer Privacy Law of 2024

Jason C. Gavejian is a principal in the Berkeley Heights, New Jersey, office of Jackson Lewis P.C. and co-leader of the firm’s Privacy, Data and Cybersecurity practice group. Jason is also a Certified... Read more »
NJ Consumer Privacy Law Signed

NJ Consumer Privacy Law Signed

On January 16, Governor Murphy signed S332 (Sixth Reprint) into law, making New Jersey the 13th or 14th state (depending on if you count Florida) with a consumer privacy law on the books. We previously covered the... Read more »
Consumer Financial Services Trends in 2024

Consumer Financial Services Trends in 2024

Earlier this week, the Consumer Financial Services Law Subcommittee of the American Bar Association’s Business Law Section met in Santa Barbara for its winter meeting. This conference brings together practitioners in consumer... Read more »
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