Topic: regulation

FERC Rulemaking: A JD Supra Legal Reader

For your reference, a roundup of commentary and analysis on recent regulatory and other activity at the Federal Energy Regulatory Commission (FERC). We will also be publishing a related roundup, on FERC Order Nos. 1000 and 1000-A, in the near future: FERC Votes to Issue Notice of Proposed Rulemaking to Adopt Revised Bulk Electric System… Read more »

CFPB Targets Debt Collectors, Consumer Reporting Agencies, Mortgage Companies, Payday Lenders & Others

Earlier this year, the Consumer Financial Protection Bureau expanded its bank supervisory program to include nonbanks, companies “that offer or provide consumer financial products or services but [do] not have a bank, thrift, or credit union charter.” Since that time, the agency has begun to provide greater detail on the nonbanks it is monitoring and the fraudulent… Read more »

CFPB Launches Nonbank Supervisory Program

On January 5, 2012, just one day after President Obama appointed former Ohio Attorney General Richard Cordray to be its first Director, the Consumer Financial Protection Bureau announced that it was launching its Nonbank Supervisory Program. Mandated by provisions in the Dodd-Frank Act, the program is designed, according to the agency, to “help level the… Read more »