In her State of the State address earlier this month, New York Governor Kathy Hochul proposed a significant expansion of New York’s consumer protection laws....more
1/25/2024
/ B2B Transactions ,
Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Protection Laws ,
Financial Services Industry ,
NYDFS ,
PHH Corp. v CFPB ,
Real Estate Transactions ,
Regulatory Authority ,
UDAP ,
Unfair or Deceptive Trade Practices
On May 5, New York Attorney General Letitia James announced a landmark legislative proposal—titled the Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act (hereinafter, the Proposal)—to tighten regulations...more
In legislative language accompanying his proposed budget, New York Governor Andrew M. Cuomo proposes to significantly expand the powers of the New York Department of Financial Services (DFS), the state’s banking and insurance...more