Troutman Sanders
MARCH 11, 2024
On March 6, the Oregon legislature passed the Family Financial Protection Bill, which will now be placed before Governor Tina Kotek for signature or veto. The bill amends current state law that establishes what portions of a consumer’s financial assets can be garnished to satisfy a judgment.
Troutman Sanders
JULY 5, 2023
On June 29, the United Kingdom’s cryptocurrency bill — the Financial Services and Markets Act 2023 — was approved by King Charles and ratified into law. On June 26, the Nevada Financial Institutions Division filed a temporary restraining order (TRO) against crypto-driven financial institution Prime Core Technologies, Inc.
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Troutman Sanders
FEBRUARY 27, 2023
House of Representatives Majority Whip Tom Emmer (R-MN) introduced a bill, prohibiting the Federal Reserve from issuing a retail central bank digital currency (CBDC) directly to the American public. million worth of judgments are expected to be vacated. For more information, click here. For more information, click here.
Troutman Sanders
OCTOBER 3, 2023
The consumer appealed after the district court granted summary judgment to the creditor finding the consumer could not show harm for the creditor’s failure to conduct a reasonable investigation. The consumer reporting agencies (CRAs) sent the dispute to the credit card companies for investigation.
Troutman Sanders
MAY 9, 2023
The bill would require digital asset firms to publish and distribute a prospectus that includes material information related to the firm’s business, financial condition, results of operations, risk factors, and conflicts of interests. Strengthen Retail (Consumer) Investor Protections.
Troutman Sanders
JULY 19, 2023
District Court for the Southern District of Florida issued a default judgment granting a permanent injunction against a Florida resident and four digital exchange companies he controlled. For more information, click here. On July 12, the Commodity Futures Trading Commission (CFTC) announced that the U.S. For more information, click here.
Troutman Sanders
JULY 26, 2021
On July 18, Indiana University’s COVID-19 vaccine mandate and related face-masking and testing requirements survived challenging students’ motion for a preliminary judgment. To attend the meeting, click here. The students argued the vaccine requirement was a due process violation under the Fourteenth Amendment to the U.S. Constitution.
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