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Orrick, Herrington & Sutcliffe LLP

CFPB and DHHS Medicare part issue joint statement protecting beneficiaries’ rights

On October 31, the CFPB and Centers for Medicare & Medicaid Services issued a joint statement reminding Medicare providers, Medicare Advantage plans, and debt collectors of their responsibilities under federal law to protect...more

Paul Hastings LLP

SEC Examination Priorities Signal Capital Markets Enforcement

Paul Hastings LLP on

The Securities and Exchange Commission’s Division of Examinations recently released its 2025 priorities. These identify several new or emerging areas of focus that could be precursors to enforcement actions, such as the use...more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 32

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

Wiley Rein LLP

Federal PAC Post-General Election Reports Due December 5

Wiley Rein LLP on

All federally registered PACs are required to file post-general election reports with the Federal Election Commission (FEC) by midnight EST on Thursday, December 5, regardless of their activity. This includes both monthly and...more

Davies Ward Phillips & Vineberg LLP

Making a Profit Is Not Illegal: Capital Markets Tribunal Dismisses Enforcement Proceedings Finding Borrowed Free Trading Shares...

The Ontario Capital Markets Tribunal (Tribunal) recently dismissed enforcement proceedings brought against several respondents by the Ontario Securities Commission (Commission) in Cormark Securities Inc (Re). The Commission...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday November 12

Paul Hastings LLP on

November 11, 2024- Florida’s Office of Financial Regulation placed Alliance Credit Union of Florida in Gainesville, Florida, into conservatorship, and appointed the National Credit Union Administration as conservator....more

Troutman Pepper

NYC DCWP Clarifies Amended Definition of “Debt Collector” Still Includes Creditors

Troutman Pepper on

In our previous post, we discussed the New York City Department of Consumer and Worker Protection’s (NYC DCWP) decision to delay the enforcement of the amended debt collection rules from December 1, 2024, to April 1, 2025....more

Hinshaw & Culbertson LLP

How the 2024 U.S. Election Results Will Impact Insurers: A First Attempt at Reading the Tea Leaves

Hinshaw & Culbertson LLP on

The results of the November 5, 2024, election in the United States will almost certainly have profound consequences within the country and across the globe. The election will surely impact policyholder exposures, insurer...more

Orrick, Herrington & Sutcliffe LLP

CFPB taken to court over its advisory opinion on medical debt collections

On November 1, several debt collection trade organizations sued the CFPB in the U.S. District Court for the District of Columbia. In the complaint, the plaintiffs alleged that the CFPB violated the APA when it issued an...more

Orrick, Herrington & Sutcliffe LLP

New Jersey Attorney General investigation reveals bank’s mortgage redlining

On October 29, the New Jersey Office of the Attorney General and Division on Civil Rights released investigatory findings concluding that a bank engaged in a pattern of redlining Black, Hispanic and Asian communities in New...more

Ballard Spahr LLP

NFIP to allow installment payments for flood insurance

Ballard Spahr LLP on

The Federal Emergency Management Agency (FEMA) has announced it will allow National Flood Insurance Program (NFIP) premiums to be paid on an installment basis. The final rule implements an installment payment option that was...more

Troutman Pepper

FTC Halts Debt Collector Over Alleged $7.6 Million Scheme

Troutman Pepper on

Late last month, the Federal Trade Commission (FTC) filed suit against Global Circulation, Inc. (GCI) and its owner for engaging in deceptive and abusive debt collection practices. According to the FTC, the Georgia-based debt...more

Ballard Spahr LLP

Federal judge orders debt collector Global Circulation Inc. to temporarily cease operations

Ballard Spahr LLP on

A federal judge has ordered debt collector, Global Circulation Inc. (GCI) to temporarily halt operations, following an FTC complaint that alleged GCI tricked consumers into paying more than $7.6 million in bogus debt by...more

McGlinchey Stafford

Podcast: Deep Dive into Depository Services in Bank Partnerships [More with McGlinchey, Ep. 75]

McGlinchey Stafford on

The next installment in McGlinchey’s Deep Dive into Bank Partnerships Series features an overview of depository services, featuring insights from our attorneys Rachael Aspery, Brian Fink, and Aaron Kouhoupt. They explore key...more

Katten Muchin Rosenman LLP

SEC Division of Examinations Highlights Common Deficiencies in Registered Investment Company Core Examination Areas

On November 4, the Securities and Exchange Commission's (SEC) Division of Examinations (Division) published an analysis of the most common deficiencies identified across its three core registered investment company (RIC)...more

Mayer Brown

Developments in UK/EU Collective Actions

Mayer Brown on

Join us for a new episode of Financial Services Focus with Mayer Brown partners Airlie Goodman (London) and Archis Parasharami (Washington, DC), who co-lead Mayer Brown’s class action and collective actions practice, as they...more

Dechert LLP

Agility in Action: PE Firms Turn to GP-Led Secondaries for Liquidity and Portfolio Optimization

Dechert LLP on

82% of respondents expect secondaries activity levels to remain buoyant or increase in the next two years following 4x growth in the past five years. The slowdown in exits and fundraisings seen over the last year is...more

Proskauer Rose LLP

A Step Closer to CSRD’s Non-EU Group Reporting Standards

Proskauer Rose LLP on

On 30 October 2024, the Corporate Sustainability Reporting Directive ("CSRD") standards for global groups with a significant European footprint took a notable public step forward. The European Financial Reporting Advisory...more

Thomas Fox - Compliance Evangelist

All Things Investigations – Anna Hamati on Key Lessons from the TD Bank AML Enforcement Action

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group’s podcast, All Things Investigation. In this episode, Anna Hamati, a Hughes Hubbard & Reed LLP lawyer, joins host Tom Fox to discuss the...more

Dechert LLP

GP-Stake Transactions: A Strategic Move for Liquidity and Growth

Dechert LLP on

34% of global respondents are exploring GP-stake divestitures in the next two years. The slowdown in exits and fundraisings has led PE firms to explore new liquidity routes, with GP-led secondaries and GP stakes becoming...more

Proskauer - Tax Talks

Taxing carried interest in the UK: the new regime announced in the Labour government’s Autumn Budget 2024

Proskauer - Tax Talks on

On Wednesday 30 October 2024, the UK government announced changes to the UK taxation of carried interest as part of the 2024 Autumn Budget. Changes were expected following statements made by the Labour Party in the run up to...more

Troutman Pepper

CFPB's Supervisory Highlights on Auto-Finance and Auto-Servicing — Moving the Metal: The Auto Finance Podcast

Troutman Pepper on

In this special joint episode of The Consumer Finance Podcast and Moving the Metal, Chris Willis teams up with Brooke Conkle and Chris Capurso, hosts of the Moving the Metal podcast, to discuss the CFPB’s recent supervisory...more

Thomas Fox - Compliance Evangelist

Compliance Tip of the Day: CCOs Reporting to the Board

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned...more

Troutman Pepper

Navigating the Dark Side of Crypto: Crime, Compliance, and Consumer Protection – The Crypto Exchange Podcast

Troutman Pepper on

In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by colleagues Brett Broczkowski and Mike Lowe to discuss the intersection of crime and cryptocurrency, with a focus on the challenges financial...more

Thomas Fox - Compliance Evangelist

Everything Compliance, Shout Outs and Rants – Episode 145, 8 Years Later

Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows. In this episode, we discuss a potpourri of topics. Tom Fox is hosting the quartet of Matt Kelly, Karen Woody, Jonathan Marks,...more

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