Consumer Credit Financial Institution Retail Student Loans 
Troutman Sanders
OCTOBER 30, 2023
The FTC’s Safeguards Rule requires nonbanking financial institutions, such as mortgage brokers, motor vehicle dealers, and payday lenders, to develop, implement, and maintain a comprehensive security program to keep their customers’ information safe. financial institutions. For more information, click here.
Troutman Sanders
MAY 9, 2023
The first of its kind, the strategy examines the phenomenon of financial institutions de-risking and its causes, and it identifies those greatest impacted. Strengthen Retail (Consumer) Investor Protections. It also offers recommended policy options to combat it. For more information, click here.
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True Accord
JULY 9, 2024
And businesses are responding accordingly to the lower demand – several top musical acts from Jennifer Lopez to the Black Keys have canceled summer tours due to low ticket sales while retailers like Walmart and Target are lowering prices on certain goods to appeal to budget-strained shoppers.
Troutman Sanders
JANUARY 17, 2023
In November 2022, Genesis announced that it will prohibit retail investors from withdrawing their cryptocurrency deposits from Gemini Earn accounts due to liquidity risks. Supreme Court in support of the Biden administration’s student loan forgiveness plan. For more information, click here.
Troutman Sanders
OCTOBER 17, 2022
On October 13, the CFPB published a report on terms and fees associated with banking products marketed in partnership with colleges to students. The report raises questions about whether some marketing deals between colleges and financial institutions comply with Department of Education rules. For more information, click here.
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