Morgan Lewis
Home > Our Thinking > Blogs > All Things FinReg
Blogs

Editor

Christopher M. Paridon

All Things FinReg

LATEST REGULATORY DEVELOPMENTS IMPACTING
THE FINANCIAL SERVICES INDUSTRY

CFPB Proposes Additional Reporting Requirements on Non-Bank Financial Institutions

By Nicholas M. Gess and Andrew M. Ray
// January 25, 2023
For the second time in a month, the Consumer Financial Protection Bureau (CFPB) has proposed a new rule that would require businesses to report already public information and thereby increase the burdens on, and risks to, the nonbank financial services industry, which may ultimately increase costs to consumers or slow the proliferation of new products that benefit consumers.
Read More
Topics: Banking, CFPB, Financial Services, FTC, State AGs

CFPB Spring Supervisory Highlights Detail Agency Findings and Priorities

By Nicholas M. Gess
// May 04, 2022
The Consumer Financial Protection Bureau (CFPB or Bureau) recently released its Spring Supervisory Highlights summarizing findings from supervisory exams it conducted between July and December 2021.
Read More
Topics: CFPB, Consumer Financial Protection Bureau, Enforcement, FTC, State AGs, State Attorneys General, Supervision and Examination

State Attorneys General: Status Quo on the Surface, but Change in Washington Means Increased Enforcement Risk From the States

By Nicholas M. Gess , Michelle Park Chiu , and Michael S. Kraut
// November 10, 2020
Last week’s state attorney general races brought little change on the surface, but change in Washington significantly increases the risk of enforcement and litigation by the states. If it seems counterintuitive, it is. But this Washington changeover heightens the complexity of the relationship between Washington and state capitols.
Read More
Topics: Attorneys General, CFPB, DOJ, FTC, Navigating the NEXT., Transition

‘Let’s Be Civil’: White House Due Process Memo May Improve Enforcement in Financial Regulatory Matters

By Nicholas M. Gess and Michael M. Philipp
// October 01, 2020
An August 31 memorandum issued by the Office of Information and Regulatory Affairs (OIRA), an arm of the Office of Management and Budget (OMB) within the Executive Branch, could dramatically change the way agencies handle civil and administrative enforcement proceedings. The memorandum directs covered agencies to provide greater due process to individuals and companies under investigation and reemphasizes the principle that the burden of proof of a violation rests solely with the government. The memorandum was issued to implement the directives contained in Section 6 of Executive Order 13924, Executive Order on Regulatory Relief to Support Economic Recovery (issued May 19, 2020). In relevant part, the executive order directed agency heads to revise agency procedures and practices in light of “the principles of fairness in administrative enforcement and adjudication.”
Read More
Topics: CFPB, Consumer Financial Services, FinTech, FTC, Innovation, OIRA, OMB, Regulation, SEC, States, Supervision and Examination, White House
  • 1

WANT TO RECEIVE NOTIFICATIONS?

  • Subscribe
  • RSS Feed

INFORMATION

  • About Us & Contributors

© 2025 Morgan, Lewis & Bockius LLP. Morgan Lewis is a registered trademark of Morgan, Lewis & Bockius LLP. All rights reserved.