Regulation

Regulation
Colorado Smokes Up $120M In Cannabis Sales In November
January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Judge Tosses Request For Injunction Against Acting CFPB Head
January 12, 2018

The Trump Administration scored another victory when it comes to the Consumer Financial Protection Bureau (CFPB), with a federal judge dismissing a request for a preliminary injunction against acting director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Trump Administration Eyes Major CRA Overhaul
January 11, 2018

The Trump administration is proposing major changes to the Community Reinvestment Act — a law first enacted in 1977 — that experts believe could mean big changes for the rules that govern lending to poor borrowers. According to Wall Street Journal reports, the net effect of...

Regulation
Treasury Blindsided By DOJ’s About-Face On Cannabis
January 11, 2018

When the Justice Department abruptly announced its revocation of the Cole Memo — the set of federal guidelines that allowed the legal marijuana industry to operate at the state level despite its status as an illegal Schedule 1 narcotic — it neglected to contact the...

Regulation
Bill Would Give FTC Authority To Police, Fine Credit Bureaus
January 11, 2018

Democratic Senators Elizabeth Warren and Mark Warner are introducing new legislation that would allow the U.S. government to levy fines on companies that are the subject of data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Congress Out To Reform AML Regs
January 04, 2018

The Senate Banking Committee’s first hearing of 2018 shows that Congress is interested in reforming illegal financing and money laundering regulations this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Chinese Investors Find A Way To Trade Bitcoin
December 22, 2017

The Chinese government may have clamped down on bitcoin trading, but that hasn’t stopped the cryptocurrency market from booming in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
EU’s Highest Court Rules Uber A Taxi Service
December 20, 2017

Compounding what might be charitably described as an epic run of bad luck, Uber has lost a major battle in the European Union’s highest court, which has ruled that the ride-sharing service is, for all intents and purposes, a taxi service that must comply with...

Regulation
Sen. Warren Slams CFPB’s Plan To Revisit Enforcement Actions
December 19, 2017

The Federal Reserve reported Monday (Dec. 18) that it would repeal Regulation C, a regulation pertaining to home mortgage disclosures, and is proposing to limit the reach of Regulation M, pertaining to consumer leasing. Get the Full Story Complete the form to unlock this article and...