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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

In its appeal, the SEC stated that it intended to seek certification of the court’s holding that certain “programmatic sales” over crypto-asset trading platforms in exchange for labor and services did not involve the offer or sale of securities. For more information, click here. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. C]on artists were already using the coronavirus as a hook for swindlers and scams ….

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We’re Debt Free [And How You Can Do It]

Credit Corp

The consumer system is set up so that most purchases depend on applicant creditworthiness and a focus on being in debt responsibly. If your car is still in good condition and requires minimal repair work, it might be worthwhile to focus on performing these repairs rather than trading it in for a new one.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam. For more information, click here. The FTC charged the defendants with taking tens of millions of dollars from people by falsely promising to eliminate or substantially reduce their credit card debt.