News

The Consumer Financial Protection Bureau (CFPB) has cautioned companies against what it views as illegal or unlawful credit card rewards practices, sharing new research about retail credit card issues and unveiling a novel credit card comparison tool for consumers....

The Stock Exchange of Hong Kong Limited issued a consultation paper in December 2024 on proposals to optimize IPO price discovery and open market requirements.

On December 12, the CFPB released a report titled “Medical Collections on Credit Reports in Native American Communities,” which analyzed the impact of medical debt collections on credit reports in predominantly American Indian or Alaska Native areas.

In Sunder Energy v. Jackson, No. 455, 2023 (Del. Supr., December 10, 2024), the Delaware Supreme Court upheld the Delaware Court of Chancery’s decision not to enjoin a former employer and member of a Delaware LLC from competing with plaintiff.

Several courts have adopted a nonsensical principle that, as one court put it, “[w]hen documents are prepared for dissemination to third parties, neither the document itself, nor preliminary drafts, are entitled to immunity.” Burton v. R.J. Reynolds Tobacco Co., 170 F.R.D. 481, 485 (D. Kan.

On December 16, the CFPB released a data spotlight examining the potential link between a rise in cash advance fees charged for credit card transactions and the legalization and expansion of sports betting in 38 states.

IN THE NEWS AND LATEST UPDATES - FTC Releases Narrowed Junk Fees Rule for Ticketing and Lodging - Fourteen months after proposing a far-reaching rule that would have overhauled the way fees are disclosed across sectors (see our previous discussion here), the FTC today announced a significantly

A divided motions panel of the US Court of Appeals for the Fifth Circuit granted the US government’s request for an emergency stay of a nationwide preliminary injunction against the government’s enforcement of the Corporate Transparency Act (CTA) that was issued by the District Court for the East

On December 10, the Treasury issued a joint statement from the EU-U.S. Joint Financial Regulatory Forum, which took place from December 4-5 and was co-chaired by the Treasury and the European Commission, with participation from various financial regulators in the U.S. and EU....

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted a stay of the previously issued nationwide injunction in Texas Top Cop Shop, Inc., et al. v.

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