Vermont enacted H.648, requiring certain commercial financing providers and brokers to obtain licenses and provide standardized disclosures.
Louisiana Enacts New Money Transmission Act, Largely Adopting Model Money Transmission Modernization Act
Louisiana’s Money Transmission Act replaces the state’s prior framework with a new licensing regime for money transmitters.
Continue Reading Louisiana Enacts New Money Transmission Act, Largely Adopting Model Money Transmission Modernization Act
NYC Finalizes Click-to-Cancel and Hotel Junk Fees Rules, Proposes New Junk Fees Rule
On July 10, 2026, New York City Department of Consumer and Worker Protection (DCWP) finalized and adopted its “Click-to-Cancel Rule,” which takes effect on Oct. 1, 2026.
From Click to Contract: When Courts Enforce Online Terms
Recent court decisions highlight how website design, conspicuous notice, and user assent can determine whether online terms are enforceable.
Continue Reading From Click to Contract: When Courts Enforce Online Terms
Brian Johnson Nominated as New CFPB Director
President Trump has nominated Brian Johnson, a Capital One executive and former CFPB official, to serve as the Bureau’s next director. His nomination signals continued regulatory restraint at the federal level, while state actors move to fill the enforcement gap.
Continue Reading Brian Johnson Nominated as New CFPB Director
Texas AG Secures Temporary Restraining Order Against Discord Over Alleged Deceptive Safety Practices
Texas Attorney General Ken Paxton sued Discord under the Texas Deceptive Trade Practices Act, alleging false safety representations and default settings that expose minors to exploitation risks.
California DFPI Announces $1M Settlement with Yotta for ‘FDIC Insurance’ Misrepresentations
California’s DFPI reached a $1 million settlement with Yotta Technologies over alleged false FDIC insurance representations connected to the Synapse bankruptcy, signaling heightened state scrutiny of fintech-bank partnerships and banking-as-a-service models.
Virginia Enacts Automatic Renewal Consumer Protection Law
Virginia’s HB1022/SB493 amends the Virginia Consumer Protection Act to impose new auto-renewal compliance obligations on businesses serving consumers in the Commonwealth, effective July 1, 2026. Sellers must now offer cancellation mechanisms that mirror sign-up channels in ease and availability, and the previously available good-faith compliance defense has been eliminated.
Continue Reading Virginia Enacts Automatic Renewal Consumer Protection Law
Go West: Ex-CFPB Chief Poised To Make Mark Next In Calif.
Greenberg Traurig’s Timothy A. Butler was quoted in Law360 discussing the implications of former CFPB Director Rohit Chopra’s appointment to lead California’s newly formed Business and Consumer Services Agency. Butler notes the move signals that California will more aggressively regulate and monitor companies serving consumers and small and medium-sized businesses.
Continue Reading Go West: Ex-CFPB Chief Poised To Make Mark Next In Calif.
CFPB Final Rule Narrows Small Business Lending Data Collection Requirements
On May 1, 2026, the CFPB finalized a revised Section 1071 rule under ECOA, narrowing covered institutions, products, and required data points from the 2023 Rule, with a single compliance date of Jan. 1, 2028. Financial institutions may wish to begin assessing coverage status and compliance readiness.
Continue Reading CFPB Final Rule Narrows Small Business Lending Data Collection Requirements