We are pleased to announce that Troutman Sanders attorneys David Anthony, Ashley Taylor, Paige Fitzgerald, and Laura Anne Kuykendall published a survey through Thomson Reuters which focuses on consumer financial regulation issues for the Commonwealth of Virginia. The survey is formatted as a question and answer guide, and addresses state-specific laws governing
Texas AG Reaches AVC With PayPal
On May 20, PayPal entered into an Assurance of Voluntary Compliance (AVC) with the Texas Attorney General over allegations that it failed to clearly explain how the personal information belonging to users of its Venmo mobile payment application would be used and with whom it would be shared.
The AVC stems from Texas Attorney General
CFPB Announces Rulemaking Agenda for Remainder of 2016
Twice a year, federal agencies must update and release their regulatory agendas for the current year. The agendas track agency actions through the phases of federal rulemaking, which often takes months (if not years), and provide insight into an agency’s plans. On May 18, the Consumer Financial Protection Bureau released its Spring 2016 rulemaking agenda.
Verizon Enterprise Publishes Data Breach Report
A recently published 2016 Data Breach Investigations Report by Verizon Enterprise reports that cybercriminals are continuing to exploit human nature as they rely on familiar attack patterns such as phishing, and increase their reliance on ransomware, where data is encrypted and a ransom is demanded in return for release of the encrypted data. The report,
FCC Releases Proposed Rule Requiring Internet Service Providers to Comply with New Privacy Obligations
On April 1, the Federal Communications Commission issued a notice of proposed rulemaking (“NPRM”) that would require Internet service providers (“ISPs”) to clearly disclose how customer data is being used, take reasonable steps to protect that information, and notify affected customers within 10 days of discovering a data breach. The NPRM — formally approved by
CFPB Budget Reform Approved By House Financial Services Committee
On April 13, the House Financial Services Committee approved a bill by a 33-20 vote that is intended to end direct funding of the CFPB by the Federal Reserve and require the Bureau to be subject to the regular congressional appropriations process. This Committee joins others in approving similar measures that would institute a variety
FTC Commissioner Brill to Resign
Commissioner Julie Brill with the Federal Trade Commission recently announced that she will step down at the end of this month to enter private practice.
Brill was appointed by President Obama and sworn in on April 6, 2010. Prior to joining the FTC, Brill was the Senior Deputy Attorney General and Chief of Consumer Protection
Join Us for the Consero Financial Services & Insurance Litigation Forum April 17-19
We are pleased to announce that Troutman Sanders partners John Lynch and Ashley Taylor will be featured speakers at this year’s Consero Financial Services & Insurance Litigation Forum on April 17-19 at The Biltmore Miami – Coral Gables.
Consero’s 2016 Financial Services & Insurance Litigation Forum will address current and looming legal and business challenges
Join Us at the National Association of Professional Background Screeners 2016 Mid-Year Legislative & Regulatory Conference
Join Troutman Sanders partners David Anthony and Ashley Taylor at the upcoming National Association of Professional Background Screeners (NAPBS) Mid-Year Legislative & Regulatory Conference at the Washington Marriott Wardman Park in Washington, DC on April 3-5.
The NAPBS Mid-Year Conference focuses on regulation, legislation, education, and compliance related to the background screening industry and,
Join Us for the Credit and Collection News Annual Conference March 30 – April 1
We are pleased to announce that Troutman Sanders partners Ashley Taylor and David Anthony will be featured speakers at the upcoming Credit and Collections News (CCN) Annual Conference. The conference will be held March 30 through April 1 at the Ritz-Carlton in Amelia Island, Florida.
Ashley will speak on a panel entitled “Working with Your