Legal & Regulation

Legal & Regulation
FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
February 20, 2017

The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch up or repossess their vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
U.S. Big Banks Are Looking To See Money Laundering Regulations Loosened
February 17, 2017

According to reporting in Reuters, the biggest banks in the U.S. will soon be floating a complete overhaul of the rules governing how financial institutions investigate and report potential criminal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Seeks Input On How To Support The Unbanked
February 17, 2017

For people who are credit invisible or lack enough credit history to receive a credit score, the possibility of obtaining a mortgage, credit card or other type of loan can be nearly impossible. In order to achieve those types of goals, they often have to...

CFPB
Appeals Court Agrees To Hear CFPB/PHH Case
February 17, 2017

The Consumer Financial Protection Bureau scored a victory when a federal appeals court on Thursday (Feb. 16) agreed to throw out a ruling that found the government watchdog is unconstitutional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Former Obama Staffer David Plouffe Draws $90K Fine Lobbying On Uber’s Behalf
February 17, 2017

Barack Obama’s former campaign manager turned Uber exec David Plouffe has been hit with a $90K fine for reportedly illegally lobbying Chicago’s mayor Rahm Emanuel on behalf of Uber.  The fine came down care of the city’s Board of Ethics after a series of emails written...

Legal & Regulation
Court Will Rehear SEC Case
February 17, 2017

In recent years, the SEC has come under fire by some who have questioned the constitutionality of its in-house trials. Yesterday (Feb. 16), a U.S. appeals court said that it would rehear a challenge concerning the Securities and Exchange Commission’s use of in-house judges, said...

Legal & Regulation
Copacetic: American Biz In China On The Same Page As Trump
February 16, 2017

A growing number of U.S. companies in China are getting behind the Trump administration’s call for some reciprocity when it comes to trade and investment in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
FTC Bans Florida Company For Aiding Telemarketer Scam In India
February 16, 2017

The Federal Trade Commission announced Wednesday (Feb. 15) that it has charged a Florida man with aiding telemarketers in India with scamming cash-strapped consumers in the U.S. and is now banned from helping any telemarketers as part of a settlement. Get the Full Story Complete...

Legal & Regulation
Woman Sues IRS And Howard Stern Over Personal Data Disclosure
February 16, 2017

Listeners of Howard Stern’s show know how the infamous talk show host loves to take phone calls from his loyal fan base. But one call has led to a lawsuit after a woman’s personal tax information and phone number were revealed on the air. Get...