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”). He may be contacted at ecast@fraserlawfirm.com or 517-377-0845.

Credit Counselor 80

Credit Counselor Acquisition Lender Trade 80

Fraser

JANUARY 9, 2023

On January 5, 2023, the Federal Trade Commission (FTC) published a proposed rule that would effectively ban the use of non-compete clauses in most employment agreements. Please contact us with any specific questions. This alert serves as a general summary and does not constitute legal guidance.

Acquisition 76

Acquisition Trade 76

Troutman Sanders

OCTOBER 31, 2023

On October 27, the Federal Trade Commission (FTC) announced a final rule amending the Standards for Safeguarding Customer Information (Safeguards Rule) under the Gramm-Leach-Bliley Act. The amendment will go into effect 180 days after publication of the final rule in the Federal Register.

Financial Institution 52

Financial Institution Acquisition Trade Financial services 52

Troutman Sanders

MARCH 4, 2024

According to the lawsuit, the merger would violate the federal Clayton Act, which prohibits the acquisition of assets where the effect of such acquisition may substantially lessen competition or create a monopoly. For more information, click here. On February 26, District of Columbia Mayor Muriel Bowser signed B25-0663.

Financial services 52

Financial services Law Firms Acquisition Debt collector 52

Fico Collections

DECEMBER 8, 2022

Early-stage collections strategies offer a wide range of choices around contact channel as well as timing, tone, and intensity (i.e., IVR) contacts? Conversely, which customer portfolio segments have an elevated probability of default warranting live agent contact, greater investment, and more forceful early intervention options?

Trade 52

Trade Lender Acquisition Collections 52

Fraser

MAY 4, 2023

iii) The individual is customarily engaged in an independently established trade, occupation, or business of the same work performed by the individual for the payer. Please contact us with any specific questions. (ii) The individual performs work that is outside the usual course of the payer’s business.

Acquisition 88

Acquisition Trade Collections 88

Troutman Sanders

NOVEMBER 13, 2023

On November 7, the Commodity Futures Trading Commission (CFTC) announced that, in 2023 alone, the cumulative penalty amount stemming from consent orders it entered with digital asset-based companies totaled $4.3 For more information, click here.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52