On April 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a report (the “Report”) examining the potential risk to consumer assets and data in the online video game and virtual world spaces. The CFPB gaming Report was preliminary in nature, but highlighted three specific trends and risks. The release of the CFPB gaming Report […]
CFPB Targeting Gaming Industry? Read More »
On January 29, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a circular (the “Circular”) detailing what it considers deceptive financial services marketing practices under the Consumer Financial Protection Act (“CFPA”). According to the CFPB, operators of comparison-shopping websites may violate the CFPA by steering consumers to certain products or services based on how the
CFPB Releases Comparison Shopping Warning Read More »
The Consumer Financial Protection Bureau (“CFPB”) is a U.S. government agency charged with ensuring that consumers are treated fairly by banks, lenders, and other financial institutions. In connection with this directive, the CFPB has turned its attention to financial firms that use targeted advertising to reach consumers. The recently issued CFPB Advertising – interpretive rule
CFPB Advertising Rule: New Liability for Digital Marketing “Service Providers” Read More »
June 3, 2016 On June 2, 2016, the Consumer Financial Protection Bureau (“CFPB”) released a statement regarding proposed new rules aimed at the payday lending industry. The proposed rules seek to protect consumers from what the CFPB refers to as “payday debt traps” and may impose stricter requirements on such payday lenders. The CFPB is
CFPB Proposes New Payday Lending Rules Read More »
Copyright © 2013–2021 Klein Moynihan Turco LLP. All Rights Reserved · Attorney Advertising