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August

1
2024
Industry News

FTC Submits Comment to FCC on Work to Protect Consumers from Potential Harmful Effects of AI

The Federal Trade Commission highlighted the agency’s work to protect consumers from potential harms related to artificial intelligence in a comment submitted as part of the Federal Communication Commission’s (FCC) notice of inquiry examining the implications of emerging AI technologies.

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August

1
2024
Industry News

HUGE SUMMER WIN!: Massive New Certification Denial May Be the Beginning of the End for TCPA DNC Class Actions

Following the Supreme Court’s Facebook ruling the Plaintiff’s bar has shifted away from ATDS cases and toward TCPA cases arising from prerecorded calls or marketing calls to numbers on the DNC list.

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August

1
2024
Industry News

Appeals Court Holds ECOA Liability Extends to Prospective Applicants

On July 11, 2024, the United States Court of Appeals for the Seventh Circuit issued its highly anticipated decision in Consumer Financial Protection Bureau v. Townstone Financial, Inc., et al. In this pivotal decision, the Seventh Circuit reversed a prior ruling from the United States District Court for the Northern District of Illinois and held that liability under the Equal Credit Opportunity Act (ECOA) extends to prospective applicants – namely to individuals who have not submitted an application for credit but may be considering or in the process of applying for credit.

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August

1
2024
Compliance

Blockbuster SCOTUS Ruling Will Push Privacy and AI Laws Into the Hands of the States: Your Post-Chevron Game Plan

The Supreme Court’s recent landmark ruling that gives employers a powerful tool to fight back against regulatory overreach will have a broad impact on just about every area of workplace law. We’re looking at the specific federal agency rules and positions most susceptible to attack now that SCOTUS ditched the decades-old Chevron doctrine. This edition will focus on how the new standard will affect the way federal agencies – particularly the Federal Trade Commission – attempt to regulate privacy and artificial intelligence.

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July

31
2024
Industry News

Acting Comptroller Issues Statements on Bank Liquidity and Bank Resolvability

Acting Comptroller of the Currency Michael J. Hsu issued statements at today’s Federal Deposit Insurance Corporation (FDIC) board meeting regarding proposed rulemakings on bank liquidity and bank ownership, and final guidance on bank resolvability.

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