On May 1, 2026, the CFPB finalized a revised Section 1071 rule under ECOA, narrowing covered institutions, products, and required data points from the 2023 Rule, with a single compliance date of Jan. 1, 2028. Financial institutions may wish to
The CFPB’s final amendments to Regulation B reshape fair lending compliance under ECOA, including changes to disparate impact liability, anti-discouragement standards, and SPCP requirements. Lenders may wish to assess the rule’s operational impact while preparing for potential litigation and state-level
Businesses that offer online contracts with EU consumers should assess whether the withdrawal button requirement applies to them and, if so, initiate implementation and adapt their systems accordingly. Failure to comply with the new requirements by June 19, 2026, may
On May 12, 2026, Gov. Gavin Newsom announced the appointment of Rohit Chopra, former director of the Consumer Financial Protection Bureau and former commissioner of the Federal Trade Commission, to lead California’s newly created Business and Consumer Services Agency (BCSA).
On May 4, 2026, the Federal Trade Commission announced a stipulated final order resolving its enforcement action against data broker Kochava Inc. and its subsidiary Collective Data Solutions (CDS). The order bans them from selling or sharing sensitive precise location
Companies making U.S.-origin claims – explicit or implied – may see increased scrutiny from the FTC and other federal agencies, as well as potentially significant monetary consequences for noncompliance.
On April 28, 2026, Maryland Gov. Wes Moore signed HB 895, the Protection from Predatory Pricing Act, into law. The Act makes Maryland the first state to enact a sector-specific restriction on certain personalized, or “surveillance,” pricing practices in
On Jan. 5, 2026, New York City Mayor Zohran Mamdani signed Executive Order (EO) No. 10, directing the NYC Department of Consumer and Worker Protection (DCWP) to enforce existing consumer protection laws against negative option offers. On March 25,
On March 13, 2026, President Trump signed an Executive Order aimed at strengthening federal enforcement against false or misleading “Made in America” claims. The Executive Order directs the Federal Trade Commission (FTC) and other federal agencies to take coordinated action
On March 11, 2026, the Federal Trade Commission issued an Advance Notice of Proposed Rulemaking seeking public comment on whether it should amend its Rule Concerning the Use of Prenotification Negative Option Plans.
