Consumer Financial Protection Bureau (CFPB)
The U.S. Consumer Financial Protection Bureau (CFPB) was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFPB’s operates as a watchdog to enforce the consumer financial product and service markets. It has consumer protection authority to enforce and investigate (CIDs”) unfair, deceptive, and abusive acts and practices (UDAAP).
Richard Newman Authors Article for Lead Generation World on What the Privacy Rights Act – CCPA on Steroids – Means for Lead Generators
FTC compliance and defense attorney Richard B. Newman recently authored an article for Lead Generation World titled “California Voters Pass the Privacy Rights Act – What “CCPA on Steroids” Means for Businesses and Consumers.” On November 3, 2020, California voters approved Proposition 24 – the California Privacy Rights Act of 2020 (“CPRA”). The CPRA amends and revises…
Read Article...Richard B. Newman Authors Data Privacy Article for Performance Marketing Association
Data Privacy Trends Impacting Digital Marketing Industry Richard B. Newman recently authored an article for the Performance Marketing Association which discusses state, federal and international data privacy legislative efforts during 2018. The article is entitled “The Year in Privacy 2018.” The article details efforts at the state level to solidify data privacy laws and…
Read Article...CFPB Proposes Rule Benefitting Companies that Limit Data Sharing
The Consumer Financial Protection Bureau (“CFPB”) has proposed a rule to promote more effective privacy disclosures from financial institutions to their customers. The rule would allow companies that limit their consumer data-sharing and meet other requirements to post their annual privacy notices online rather than delivering them individually. In other words, the rule would benefit…
Read Article...Illinois Attorney General Files Lawsuit Against Lender Asserting Violations of Dodd-Frank
The Illinois Attorney General has recently filed the first lawsuit by an AG of its kind. The action is one against a small loan lender alleging violations of the Dodd-Frank prohibition of unfair, deceptive or abusive acts or practices, in addition to violations of state law. Section 1042 of Dodd-Frank authorizes state AGs to bring civil actions in the name of…
Read Article...
Please contact us at (212) 756-8777, via email to info@hinchnewman.com or via our Online Case Submission Form.