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CFS Counsel

37 total results. Page 1 of 2.

J.H. Jennifer Lee
Arent Fox partner Jenny Lee was quoted in an article in Bloomberg Law regarding the California Department of Financial Protection and Innovation’s (DFPI) role in leading a recent enforcement action brought by 42 state regulatory agencies.
Consumer Financial Services Partner Jenny Lee recently spoke with American Banker reporter Kate Berry about key enforcement issues surrounding the newly led Consumer Financial Protection Bureau.
J.H. Jennifer Lee
The US policy behind this mandate is consistent with the desire to encourage open banking standards, albeit in a more piecemeal fashion than what has already been done in the UK.
April 20, 2021
J.H. Jennifer Lee
Join Arent Fox Partner Jenny Lee as she speaks at the ABA’s Business Law Virtual Spring Meeting.
J.H. Jennifer Lee
The Trump era of the last four years is regarded in the popular press as one of federal deregulation, and the Consumer Financial Protection Bureau, which will commemorate the eleventh anniversary of its founding later this year, was often viewed as no exception.
J.H. Jennifer Lee
The Consumer Financial Protection Bureau (Bureau or CFPB) has recently issued a formal proposal for a national regulatory standard governing companies’ handling of consumer data and their privacy rights with respect to financial data.
J.H. Jennifer Lee
This week on The CardLinx Association's Fin-Tech Friday Podcast, Arent Fox Partner Jenny Lee discusses how the major developments transpiring in financial data and privacy regulations will impact business.
J.H. Jennifer Lee
This article was originally published in The Banking Law Journal.
J.H. Jennifer Lee, Deborah DiVerdi Carlson
The new bill, which follows April 23, 2020 legislation aimed at opening COVID-19 emergency response funding to cannabis businesses, offers a previously unclear path forward for financial services to the cannabis industry by amending the current restrictive regulatory framework on banking.
J.H. Jennifer Lee, Steven S. Broadley
On May 6, 2020, Judge Richard G. Stearns of the United States District Court for the District of Massachusetts put the brakes on an attempt by Massachusetts Attorney General Maura Healey to alter the relationship between collectors and consumer debtors during the COVID-19 pandemic. 
J.H. Jennifer Lee
It feels like only yesterday that we were discussing the seminal 2018 DC Circuit case, PHH Corp. v. CFPB, the first decision to uphold the constitutionality of the Consumer Financial Protection Bureau (CFPB or Bureau).
J.H. Jennifer Lee
The case reveals the Trump administration’s express recognition of the importance of the bureau’s work and highlights the declining ability of companies to challenge bureau investigations on constitutional grounds.
J.H. Jennifer Lee
The result of such denials was not just academic; as a practical matter, they have paved the way forward for the Bureau to continue its investigatory work over the constitutional objections asserted by regulated entities. 
J.H. Jennifer Lee
As the COVID-19 pandemic reaches further into all corners of the United States, a bevy of federal, state, and local emergency orders aimed at slowing the outbreak’s spread continues to impact an increasing number of industries and workers. 
J.H. Jennifer Lee, Tracy J. Luu-Varnes
The Consumer Financial Protection Bureau (Bureau) seeks industry feedback and public comment on various aspects of the remittance rule (Rule), which implements Section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
J.H. Jennifer Lee
California is poised to join the growing cadre of states enhancing their consumer financial protection functions in response to perceived decreasing federal oversight and enforcement under the Trump administration.
J.H. Jennifer Lee
The Consumer Financial Protection Bureau (the Bureau) recently issued an official policy statement (Policy) that illuminates how the Bureau will apply the Dodd-Frank Wall Street Reform and Consumer Protection Act’s (Dodd-Frank Act) provision outlawing “abusive acts or practices.”
J.H. Jennifer Lee
On November 22, 2019, the Consumer Financial Protection Bureau (Bureau) filed a complaint and proposed stipulated judgment in federal district court in the Southern District of New York against Sterling Infosystems, Inc. (Sterling).
J.H. Jennifer Lee
A recent 10-year study and report issued by Lex Machina has illuminated important federal court litigation trends in the consumer protection space.
Anthony V. Lupo, J.H. Jennifer Lee
In this video episode of Fashion Counsel, Arent Fox Fashion & Retail Practice Leader Anthony Lupo and Arent Fox Partner Jenny Lee discuss consumer finance issues related to the fashion and retail industries.
J.H. Jennifer Lee
So much to say, so little time. Historically groundbreaking, a federal court in Madison, Wisconsin engaged in the most robust, methodical damages analysis under the Consumer Financial Protection Act, found in Title X of the Dodd-Frank Act, that had ever been undertaken in recent years.
J.H. Jennifer Lee
The rulemaking also has the potential to address how the agency is to properly effectuate the purpose of the Dodd-Frank Act.
J.H. Jennifer Lee
Earlier this week, Bloomberg Law reported that courts have stayed CFPB litigation while they wait for a Supreme Court ruling on the bureau’s structure and those stays could reduce the CFPB’s leverage in enforcement matters.
J.H. Jennifer Lee
As promised, we return now to provide an overview of the CFPB’s petition activity for the year to-date. In addition to the Bank of America (BofA) petition denial we discussed last month, the CFPB has issued a series of decisions denying petitions to modify or set aside civil investigative demands.
J.H. Jennifer Lee
As recently as last week, the Consumer Financial Protection Bureau has continued on its campaign of federal consumer protection and enforcement decisions.