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If you have information about potential violations of federal securities laws, the Securities and Exchange Commission’s (SEC) whistleblower program provides significant protections and potentially substantial monetary rewards for coming forward. Understanding how the program works and its various requirements is essential for protecting your rights and maximizing your chances of receiving an award.
The ongoing situation at the Consumer Financial Protection Bureau is now being engaged on two fronts — the actions being taken by the administration to dramatically downsize the scope of the agency and the legal challenges that are now being filed to try and stop the administration from taking these actions. There was news on both fronts yesterday.
If the Consumer Financial Protection Bureau is not interested in defending itself against a lawsuit seeking to block the implementation of its medical debt credit reporting rule, consumer advocacy groups want to step in, according to a motion filed yesterday in federal court. At the same time, the judge in the case has granted the CFPB’s request for a 90-day stay in the proceedings.
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AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
EDITORS NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!
A California Appeals Court has reversed a lower court’s ruling in favor of a debt buyer, determining that consumers do not need to show actual damages to pursue statutory damages under the Fair Debt Buying Practices Act (FDBPA). The background: The case stemmed from a violation of Californias FDBPA, which regulates how debt buyers may collect delinquent consumer debts that the original creditors have written off as a loss.
A California Appeals Court has reversed a lower court’s ruling in favor of a debt buyer, determining that consumers do not need to show actual damages to pursue statutory damages under the Fair Debt Buying Practices Act (FDBPA). The background: The case stemmed from a violation of Californias FDBPA, which regulates how debt buyers may collect delinquent consumer debts that the original creditors have written off as a loss.
The Receivables Management Association International celebrated its 28th Annual Conference in Las Vegas, February 10-13, 2025. RMAI took the opportunity to present its annual awards as part of its Annual Business Meeting, recognizing leaders in the receivables management industry. RMAIs Annual Conference is the premier event for the industry, with more than 1,500 attendees this year.
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