Fraser

NOVEMBER 23, 2022

The Federal Trade Commission recently extended the deadline , from December 9, 2022, to June 9, 2023, for compliance with the most stringent requirements of its latest rulemaking, revisions to the Safeguards Rule under the Gramm Leach Bliley Act (“the GLBA”). You can reach him at 517.377.0848 or at bburgee@fraserlawfirm.com.

Credit Counselor 80

Credit Counselor Acquisition Lender Trade 80

Collection Industry News

JUNE 14, 2021

Here are snapshots of some other cases against debt collectors in Western New York that the State Attorney General’s Office, Federal Trade Commission and other law enforcement agencies have pursued in the past decade: Douglas MacKinnon. The settlement also permanently banned them from debt collection.

Debt collector 40

Debt collector Judgment Acquisition Collections 40

Troutman Sanders

SEPTEMBER 21, 2020

The sum in July of all net foreign acquisitions of long-term securities, short-term U.S. On September 17, 2020, the Federal Trade Commission (FTC) warned consumers that scammers prey on the kindness of the public during disasters. For more information, click here. On September 16, 2020, the U.S. For more information, click here.

Financial services 52

Financial services Banks Government Acquisition 52

Troutman Sanders

JUNE 14, 2023

On June 8, the Commodities Futures Trading Commission (CFTC) obtained a default judgment against a decentralized autonomous organization (DAO) Ooki Dao in the U.S. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. For more information, click here.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

Fico Collections

FEBRUARY 16, 2021

Given the recent acquisition of the online arms of well-known struggling high street chains, it’s fair to expect further increases in the buy-now pay-later trend. The trend has seen some online retail POS lenders come under fire amid claims they are encouraging shoppers to spend more money than they can afford.

Lender 52

Lender Collections Loans Acquisition 52

Troutman Sanders

FEBRUARY 22, 2021

The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. The proposed legislation would cover “private lenders, creditors, and collection agencies in connection with those student education loans that are not made, insured, or guaranteed under federal law and that are used for postsecondary education.”

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Troutman Sanders

JUNE 1, 2021

Department of Education, announced that the department will reverse a policy put in place during the Trump administration that blocked state and federal regulators from accessing records needed to investigate student loan lenders, servicers, and private collection agencies. For more information, click here. On May 27, U.S.

Financial services 52

Financial services Government Foreclosure Loans 52