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Burr Forman
JUNE 10, 2021
4) Consumers have a right to know the length of time the business intends to retain each category of personal information and sensitive personal information. (5) However, the specific guidelines as to this technical procedure are still evolving. (4)
Collection Industry News
JUNE 13, 2022
The rule argues that the prohibition on enforcement actions directed against these exempted categories contained in the Dodd-Frank Act only applies to the CFPB directly and not to AGs—meaning that the statutory exemptions are at best watered down significantly.
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Collection Industry News
JANUARY 30, 2023
So far, layoffs and initial claims for unemployment insurance have remained extremely low, while the gap between the number of available workers and listed jobs is far larger than its historical average. Wage growth eased to 4.6 percent over a year ago, as the frenzy of people reshuffling into new jobs — and demanding better pay — has faded.
Burr Forman
JANUARY 18, 2022
These exemptions generally aim to exclude any company that is already subject to heavy state or federal regulation. The NPRM clarified the requirements necessary for an entity to fall under the exemption for “large operating companies.” 3) has an operating presence at a physical office within the United States.
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