Newsletters

11.09.18

The Results: Newsom Wins, Democrats Dominate in California

On Tuesday, California voters turned out in record numbers, the highest percentage in a mid-term election in more than three decades.


11.09.18

Governor-Elect Newsom Names Chief of Staff and Cabinet Secretary

California Governor-elect Gavin Newsom is moving swiftly to appoint senior members of his administration.


10.10.18

California Enacts New Laws Impacting Financial Institutions

Following a busy few months for the California legislature, financial institutions are now facing some new requirements.


09.27.18

Ohio, Colorado Add to State Data Protection Laws

While the California Consumer Privacy Act (CCPA) and subsequent amendments have dominated privacy news lately, some states are enacting data protection legislation that could impact financial institutions and businesses.


09.13.18

Marking the Decade Since Lehman’s Collapse

At this ten-year anniversary of the Sept. 15, 2008, failure of investment banking giant Lehman Brothers, it’s time to take stock.


09.13.18

Federal Reserve Hits Bank With $8.6M Fine

Offering a cautionary tale to banks, the Board of Governors of the Federal Reserve fined a national bank $8.6 million for the improper execution of residential mortgage-related documents while a 2011 Consent Order was in place.


09.13.18

California Passes First-in-Nation Disclosure Requirements for Small Business Loans

At literally the 11th hour on August 31, the California legislature passed Senate Bill 1235 (SB 1235). 


09.13.18

California Legislature Cleans Up Privacy Law, But What Next?

After months of public debate and negotiation on privacy, the California State Legislature wrapped up the 2017–18 legislative session with a consensus privacy measure following on the heels of June’s California Consumer Privacy Act (CCPA, or the Act).


08.29.18

Next Phase Begins for DFS Cybersecurity Regulations

A reminder from the New York Department of Financial Services (DFS): Beginning Sept. 4, all banks, insurance companies and other financial services institutions regulated by the DFS must begin complying with several additional requirements of the agency’s landmark cybersecurity regulation.


08.29.18

California Bars Collection of Time-Barred Debt

California’s legislature passed a bill last week further regulating the collection of time-barred debt under the Rosenthal Act, California’s version of the Fair Debt Collection Practices Act (FDCPA).