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Specialty Group: Financial Institutions and Markets

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CFPB Issues Final and Proposed Rules Amending Regulation Z, As Required by Dodd-Frank

Contact: Edmund D. Harllee; Williams Mullen (North Carolina & Virginia, USA) On Thursday, January 10, the Consumer Financial Protection Bureau (the “Bureau”) issued a final rule amending its Regulation Z (Truth in L ...

Equal Credit Opportunity Act and Regulation B Violated; Guarantor-Spouse Released from Guaranties

Contact: John Walsh; Spencer Fane Britt & Browne LLP (Missouri, USA) Under the Equal Credit Opportunity Act (15 U.S.C. §1691 et seq. (ECOA)), a creditor may not discriminate against a credit applicant “with ...

An Entrepreneurial Recession

Contact: Clarkslegal (Reading, England) Following the collapse of the global economy in 2007, entrepreneurship has become a go-to concept for the private and public sectors alike.  With the American presidential el ...

New York Plaintiffs’ Firm Sues Illinois Banks For Overdraft Fees & Transaction Reordering

Consumer Account Agreements, Rules and Regulations Covering ATM and Debit Cards Require Attention as a Result of New Class Action Filings Against Banks in Illinois. ...

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