We are pleased to announce that Troutman Sanders attorney Ron Raether will be presenting during the iSMG Fraud & Breach Summit in Seattle. The summit will take place at The W in Seattle, Washington. The summit will focus on security topics such as fraud and breach prevention and on many key industry verticals such as
We are pleased to announce that Troutman Sanders attorney David Anthony will be presenting at the Consumer Data Industry Association Law & Industry Conference at the Covington & Burling, LLP office in Washington, DC. David will be a panelist on the subject matter, “Managing Risk in an Always Changing Litigation & Enforcement Environment” on June
Federal Trade Commissioner Christine Wilson said that federal privacy laws should preempt state privacy laws that have been unworkable for businesses. While Congress considers drafting a federal online privacy law, all five commissioners have supported new rulemaking and enforcement authority.
At an American Enterprise Institute event in Washington, Wilson pointed to California’s new privacy law
A fight over a receipt for chocolate could end up in the Supreme Court. The Eleventh Circuit affirmed a $6.3 million settlement between Godiva Chocolatier, Inc. and a class of plaintiffs who alleged that Godiva violated the Fair and Accurate Credit Transactions Act by printing too many digits of the plaintiffs’ credit cards on their
On May 2, the Financial Industry Regulatory Authority announced a new proposal targeting brokerage firms with questionable disciplinary histories. In a Regulatory Notice released on its website, FINRA announced that it is considering a plan to require member firms with a high number of registered representatives with disciplinary histories to pay into a fund that
On May 6, a Ninth Circuit panel held that the Consumer Financial Protection Bureau’s single-director structure does not violate the Constitution, rejecting a California law firm’s argument that it should not be required to comply with a civil investigative demand issued by the agency.
The CFPB issued the CID to Seila Law as part of
Nearly half of all calls to U.S. cell phones in 2019 will be spam. This statistic is according to a study referenced by the Federal Communications Commission in a recent report, Report on Robocalls, CG Docket No. 17-59, A Report of the Consumer and Governmental Affairs Bureau, Federal Communications Commission
On March 29, in Marshall v. Verde Energy USA, Inc., Judge John Vazquez of the United States District Court for the District of New Jersey dismissed a plaintiff’s putative class action lawsuit against Verde Energy, finding, in part, that the plaintiff failed to state a claim under the New Jersey Consumer Fraud Act (“CFA”). Marshall
The Consumer Financial Protection Bureau (CFPB) released on May 7 a 538-page Notice of Proposed Rulemaking (the Rule) that would update the Fair Debt Collection Practices Act (FDCPA). The Rule would be the first major update to the FDCPA since its enactment in 1977 and gives much-needed clarification on the bounds of federally-regulated activities of
On May 2, the Consumer Financial Protection Bureau issued a Notice of Proposed Rulemaking that proposes to amend disclosure requirements under the Home Mortgage Disclosure Act. Currently, the HMDA requires financial institutions to disclose loan-level information about mortgages to reporting agencies in order to assist public officials in policy-making decisions, among other things. The CFPB