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Automated Systems Reporting Requirements Small Business

Nutter McClennen & Fish LLP

Nutter Bank Report: June 2024

The CFPB, as part of its initiative to accelerate the shift to open banking in the United States, issued a final rule on June 5 that outlines the qualifications to become a recognized industry standard setting body, which can...more

Sheppard Mullin Richter & Hampton LLP

FTC Examining Small Business Credit Reporting System

On March 17, the FTC announced its inquiry into the small business credit reporting industry. In particular, it is ordering five firms to provide detailed information about their products and processes. The FTC notes...more

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