Looking Beyond the CFPB’s Constitutionality Question
While the constitutional issue of the CFPB’s structure will get the most notice in the headlines, the industry cannot afford...
Legal
Supreme Court Upholds ABA-Supported Patent Review Process
The Supreme Court today upheld a patent review process used by the Patent and Trademark Office to review existing patents...
ABA: FCC Undermines Congress on Debt Restructuring Robocalls
ABA and the Consumer Bankers Association today challenged the Federal Communications Commission’s proposed rule regarding robocalls made to collect debts...
Supreme Court Affirms ‘Injury in Fact’ Class Action Standard
In a 6-2 decision, the Supreme Court today affirmed the principle that plaintiffs seeking to bring class actions in federal...
FinCEN Spotlights Victories Triggered by BSA Reports
As part of the Financial Crimes Enforcement Network’s ongoing efforts to demonstrate that financial institutions’ Bank Secrecy Act reporting is...
Climate-Related Financial Disclosures On Regulators’ Radar
Voluntary financial climate-related reporting was discussed at a recent Washington, D.C., meeting hosted by a task force of the Basel,...
CFPB Proposal Would Undermine Benefits of Arbitration
The Consumer Financial Protection Bureau today released a proposal that would prohibit customers from waiving their ability to participate in...
You Sure? Courts Unsettle Usury Case Law
Bankers and others are closely watching to find out if the usury battles thought long won and settled are re-opening.
ABA: Fed Dividend Cut ‘Unfair and Contrary to Law’
ABA today voiced strong opposition to December 2015 legislation that substantially cut the dividends paid on the Federal Reserve Bank...
Department of Labor Issues Final Fiduciary Rule
ABA pressed DOL for a number of changes from the proposed rule, which was widely viewed as draconian and unworkable....
