Ballard Spahr LLP—an Am Law 100 law firm with more than 750 lawyers in 18 U.S. offices—serves clients across industries in litigation, transactions, and regulatory compliance. A strategic legal partner to clients, Ballard goes beyond to deliver actionable, forward-thinking counsel and advocacy powered by deep industry experience and an understanding of each client’s specific business goals. Our culture is defined by an entrepreneurial spirit, collaborative environment, and top-down focu...| www.ballardspahr.com
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The Consumer Financial Protection Bureau has issued a proposal under which it would supervise nonbank providers of consumer reporting and consumer debt collection services considered to be “larger participants” in the markets for those services.| www.ballardspahr.com
As we begin to see the regulatory landscape shift significantly under the second Trump administration, banks and fintech companies are already exploring new pathways for innovation and market expansion.| www.ballardspahr.com
The Consumer Financial Protection Bureau issued its Final Rule on July 16 defining what constitutes a “larger participant” in the consumer reporting market. Beginning on September 30, 2012, larger participants will be subject to supervisory examination by the Bureau for compliance with federal consumer financial laws.| www.ballardspahr.com