CFPB Issues Final Personal Financial Data Rights Rule

The Consumer Financial Protection Bureau issued a final rule implementing the personal financial data rights established by the Consumer Financial Protection Act. Source link Read more »

California Amends Digital Financial Assets Law

California Governor Gavin Newsom signed into law amendments to the Digital Financial Assets Law (DFAL), which covers licensing for “digital financial asset” business activity within California. The amendments extend the effective date... 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 »
Commonwealth Financial Network Must Pay  Million in SEC Enforcement Action

Commonwealth Financial Network Must Pay $72 Million in SEC Enforcement Action

Commonwealth Financial Network Must Pay $72 Million in SEC Enforcement Action Source link Read more »
CMS Issued Guidance to Reduce Prescription Drug Financial Burden

CMS Issued Guidance to Reduce Prescription Drug Financial Burden

Within the last few months, the Centers for Medicare and Medicaid Services (CMS) has issued guidance that will reduce the financial burdens of paying for prescription drug coverage for Medicare patients. The... Read more »
Stark Integrity Podcast: Importance of Documentation in Physician Financial Arrangements [Podcast]

Stark Integrity Podcast: Importance of Documentation in Physician Financial Arrangements [Podcast]

Stark Integrity Podcast: Importance of Documentation in Physician Financial Arrangements [Podcast] Source link Read more »
California’s Privacy Laws: Financial and Medical Data, Website Usage, Children’s Data, Data Brokers, and Customer Records

California’s Privacy Laws: Financial and Medical Data, Website Usage, Children’s Data, Data Brokers, and Customer Records

California has a long history of protecting privacy rights. Article I, Section 1, of the California Constitution expressly provides a right of privacy. Recently, the focus has been on compliance with the... 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 »
Australia Introduces Law to Implement Climate-Related Financial D

Australia Introduces Law to Implement Climate-Related Financial D

OVERVIEW Background The Australian Government recently released an exposure draft of the legislation to implement mandatory climate-related financial disclosures (Draft Legislation). This follows the release of draft Australian Sustainability Reporting Standards – Disclosure of Climate-related... Read more »
Billion Dollar Fraudulent Transfer Immunized by Financial Institu

Billion Dollar Fraudulent Transfer Immunized by Financial Institu

When leveraged buyouts (“LBOs”) fail, the selling shareholders are litigation targets. A common suit is a claim by a bankruptcy trustee asserting constructive fraudulent transfer claims seeking to claw-back payments to the... Read more »
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