consumer protection

CFPB Supports Reconsideration Of Payday Rule
CFPB Supports Reconsideration Of Payday Rule
June 26, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a response supporting reconsideration of the agency’s payday rule. According to The National Law Review, the motion...

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FTC’s Operation Main Street Helps Protect SMBs From Fraud
FTC’s Operation Main Street Helps Protect SMBs From Fraud
June 19, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) has announced a new law enforcement initiative targeting operations seeking to defraud small businesses. In partnership with the offices of...

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Apple Limits App Developers’ Data-Sharing Abilities
Apple Limits App Developers’ Data-Sharing Abilities
June 13, 2018  |  Apple

Last week, Apple changed its App Store rules to limit how developers use information about iPhone owners’ contacts. According to Bloomberg, the change closes a...

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CFPB Officials Recommend Dismissal Of PHH Case
CFPB Officials Recommend Dismissal Of PHH Case
June 06, 2018  |  Consumer Finance

After PHH Corp.’s appeal of a $109 million penalty caused a legal battle over the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) structure, agency...

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Concerns Raised Over FTC Director Nominee
Concerns Raised Over FTC Director Nominee
May 14, 2018  |  Regulation

U.S. consumer watchdogs have expressed concern over the possible appointment of Andrew Smith as the next director of the Federal Trade Commission’s Bureau of Consumer...

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Mulvaney Strips Student Lending Office In CFPB Restructure
Mulvaney Strips Student Lending Office In CFPB Restructure
May 10, 2018  |  CFPB

A restructure of the Consumer Financial Protection Bureau (CFPB) has ended all functions of its student lending office, except for consumer education. According to American Banker,...

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Virginia Sues Online Lender Over Consumer Loans
Virginia Sues Online Lender Over Consumer Loans
May 04, 2018  |  Consumer Finance

Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state...

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CFPB Public Complaint Database Likely To Be Shut Down
CFPB Public Complaint Database Likely To Be Shut Down
April 26, 2018  |  CFPB

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said that the agency will likely shut down its public complaint database. As...

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LendingClub Gets Sued By The FTC; Stock Hits Record Low
LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018  |  Legal

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after...

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