We have posted several new topics to the  Consumer Financial Services Law Monitor blog throughout the month of December. To read further, click on the titles below:

Featured Posts / Client Alerts

CFPB Withdraws its Consumer Disclosures Survey Signaling that Debt Collection Rulemaking Is No Longer at the Top of the CFPB's Priorities

Supreme Court to Decide Whether American Pipe Tolling Permits Successive Class Actions

State AGs Vow to Carry CFPB's Torch

FTC's New Report Details Law Enforcement Efforts Resulting in More Than $6.4B Returned to Consumers

Check Those Pre-Adverse Action Letters – New California Law Goes into Effect

Auto Finance

Auto Lending—and Delinquencies—Stay on Upward Trend

GAO Sounds Death Knell for the CFPB's Key Statement of its "Disparate Impact" Theories in Indirect Auto Finance

Background Screening

Ohio Appellate Court Dismisses FCRA Class Claim for Lack of Article III Standing, Citing Spokeo

Military Contractor Hit with FCRA Putative Class Action Over Background Checks

Spokane City Council Approves "Ban the Box" Law 

Credit Reporting & Data Brokers

Third Circuit Hears Spokeo-Related Challenge

NY Division of Consumer Protection Issues "Emergency Regulation" Regarding Identity Theft Prevention and Mitigation Program

Debt Buyers & Collectors

Northern District of New York: No FDCPA Violation Where Pre-Judgment Interest Not Disclosed in Collection Letters

Eastern District of New York Grants Motion to Dismiss FDCPA Current Balance Claim

CFPB Withdraws Proposal to Conduct Debt Collection Disclosure Survey 

Payment Processing & Credit Cards

Federal Court Dismisses Challenge to OCC Fintech Charter Proposal

Eleventh Circuit Imposes Joint and Several Liability on Payment Processor for Fraud by Client 

State Attorneys General, CFPB & FTC

Bad Day for Payday Lender: Jury Convicts Online Lender of $220M

N.C. Attorney General Josh Stein Reorganizes DOJ

Consulting New Leadership on Case Against Tribal Lenders, CFPB Obtains Extension

FTC Issues Biennial Report on National Do Not Call Registry

Events

January 30: ACI Advanced False Claims & Qui Tam Enforcement

January 30: Complimentary Webinar - Data Breach! The Impact of Equifax & Other High Profile Data Breaches

February 6: Receivables Management Association 21st Annual Conference

The Troutman Sanders' Consumer Financial Services Law Monitor blog offers timely updates regarding the financial services industry to inform you of recent changes in the law, upcoming regulatory deadlines and significant judicial opinions that may impact your business. To view the blog, click here

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.