Regulation

April 23, 2026 by Orrick, Herrington & Sutcliffe LLP in Regulation

California DFPI Faces Putative Class Action Challenging Debt Collection Licensing Fees

On April 7, two debt collection trade associations and a debt collector filed a putative class action petition against California’s DFPI in the California Superior Court for the County of San Francisco...

April 16, 2026 by Lawrence Cameron in AI

Treasury Outlines Innovation Roadmap for Countering Illicit Finance in Digital Assets

The U.S. Department of the Treasury (Treasury) has delivered to Congress the report on Innovative Technologies to Counter Illicit Finance Involving Digital Assets, as required by the Guiding and Establishing National...

January 22, 2026 by Brooke Conkle in Operations

Texas Attorney General Confirms Opt-In SMS Is Outside Registration Under SB 140

Effective September 1, 2025, SB 140 significantly expanded Texas’ telephone solicitation statute. SB 140 expressly covers text messages and similar electronic communications and introduced a direct private right of action under the...

December 11, 2025 by Stefanie Jackman in CFPB

Blue-State AGs Tap Rohit Chopra to Lead Consumer Protection Working Group

As reported by Bloomberg, the Democratic Attorneys General Association (DAGA) has hired Rohit Chopra, former Director of the Consumer Financial Protection Bureau (CFPB or Bureau), to lead a new Consumer Protection and...

grey windows on a building in a regular pattern

November 20, 2025 by Jason Cover in Collections Strategy

Earned Wage Access Product Deemed Credit Under MLA, Leading Federal District Court to Deny Motion to Compel Arbitration

Last week, the U.S. District Court for the Northern District of California denied Empower Finance’s motion to compel arbitration in a class action lawsuit concerning its earned wage access (EWA)...

October 30, 2025 by Melissa K. Ventrone, John F. Howard in Compliance

The California Opt Me Out Act: What it Means for Businesses Subject to the California Consumer Privacy Act

On Oct. 8, California Governor Gavin Newsom, signed the California Opt Me Out Act (“AB566”) into law. AB566 amends the California Consume Privacy Act (“CCPA”) by requiring companies that develop...

October 16, 2025 by Brooke Conkle, Chris Capurso in Compliance

California’s CARS Act Signed into Law

On October 6, Governor Gavin Newsom signed into law the California Combating Auto Retail Scams (CARS) Act. This legislation aims to fortify consumer protections and enhance transparency in the car-buying process. The...

September 18, 2025 by Virginia Bell Flynn in Collections Strategy

Understanding California Senate Bill 940

California Senate Bill 940 (SB 940), enacted in late 2024, introduces several key changes to arbitrations involving “consumer contracts,” which is defined as a contract prepared by a seller and signed by...

blue mirrors leading to a skylight in a bright cloudy ski

September 4, 2025 by Bryan F. Jacoutot in Consumer Preference

Crypto taxes take center stage

On July 16, the House Ways and Means Oversight Subcommittee held a hearing titled Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st...

April 17, 2025 by Stefanie Jackman in CFPB

CFPB Abandons Credit Card Late Fee Rule

The Consumer Financial Protection Bureau (CFPB or Bureau) agreed to vacate its controversial credit card late fee rule in a joint motion for entry of consent judgment filed in Chamber of Commerce of...