FTC report highlights concerns with dealer advertising and add-on products
On July 30, 2020, the Federal Trade Commission (FTC) issued a Bureau of Consumer Protection Staff report titled Buckle Up:...
Regulatory sandboxes, policy changes spur innovation
Regulatory uncertainty remains one of the most significant challenges to finance companies that want to develop creative and innovate products...
Minnesota Dept. of Commerce Issues Guidance Regarding Sales Finance Company License
On April 5, 2019, the Minnesota Department of Commerce (“Department”) issued guidance formalizing its position that a company that purchases...
State Regulators Step Up to Post-Cordray Era Challenge
Much has been reported on changes at the Consumer Financial Protection Bureau after new leadership took the helm a little...
