Published: January 11, 2013
Tags: Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, fedearl agency, Home Ownership and Equity Protection Act, mortgage rules
WASHINGTON – The Consumer Financial Protection Bureau has issued new rules designed to boost high-cost mortgage borrowers’ protections and provide them with better information and resources.
Published: December 28, 2012
Tags: bounty provisions, Dodd-Frank Wall Street Reform and Consumer Protection Act, Securities and Exchange Commission, whistleblower
WASHINGTON – In its first full year, a federal whistleblower program that boosted the amount of awards to employees and others who report credible information about fraud and other securities violations spurred more than 3,000 tips and resulted in one five-figure payout.
Published: December 26, 2012
Tags: Congress, Dodd-Frank Wall Street Reform and Consumer Protection Act, FDIC, IOLTA accounts
WASHINGTON – Unless Congress acts by year’s end, IOLTA accounts will lose the unlimited FDIC insurance protection that has been available to them since the enactment of the Dodd-Frank financial reform law.
Published: August 3, 2012
Tags: Bankruptcy Code, CFPB, Consumer Financial Protection Bureau, Department of Education, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal loans, student loan debt, student loans, TILA, Truth in Lending Act
A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.
Published: June 22, 2012
Tags: Competitive Enterprise Institute, Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal court
WASHINGTON – Several organizations have filed a federal lawsuit challenging the constitutionality of the provisions of the Dodd-Frank financial reform law that created a consumer watchdog agency with broad authority to regulate mortgages, credit cards and other consumer financial products from banks and nonbanks.
Published: June 1, 2012
Tags: clawback, Dodd-Frank Wall Street Reform and Consumer Protection Act, financial regulation, insurance, Sarbanes-Oxley Act
WASHINGTON – Legislation that would prohibit officers, directors and employees from buying insurance to prevent them from personally paying compensation clawbacks or civil penalties for harmful actions they commit has been introduced in the House.
The new federal consumer protection bureau has proposed a rule that would place large-scale debt collectors and consumer reporting agencies under its “nonbank” supervision program.
Published: December 21, 2011
Tags: Dodd-Frank Wall Street Reform and Consumer Protection Act, whistleblower
WASHINGTON – A bill that would require employees to report suspected corporate wrongdoing internally before alerting the government has been advanced by the Capital Markets Subcommittee of the House Financial Services Committee.
According to many employment and litigation defense attorneys, the new whistleblower and bounty provisions of the Dodd-Frank Wall Street Reform Act are turning employees into potential adversaries.
WASHINGTON – Individuals who provide the Securities and Exchange Commission with credible whistleblower information will receive substantially boosted bounty awards under new rules issued by the agency.