Compliance News

The U.S. Department of Transportation’s National Highway Traffic Safety Administration announced that California, Ohio and Texas will receive a total of $1.3 million to inform vehicle owners about open recalls.…
The Consumer Financial Protection Bureau issued a final rule regarding the bureau’s use of supervisory guidance for its supervised institutions. The rule codifies the statement, with amendments, that the bureau…
The National Highway Traffic Safety Administration announced a consent order with Daimler Trucks North America following an investigation that found the company failed to recall vehicles in a timely fashion…
The U.S. Department of Transportation’s National Highway Traffic Safety Administration is reminding consumers that, starting Jan. 1, 2021, odometer disclosures will be required for every transfer of ownership for the…
Three companies operating a now-closed Harley-Davidson dealership in Glenview, Ill., have agreed to pay a former employee $193,750 and furnish other relief under a consent decree rather than face trial…
The National Highway Traffic Safety Administration recently announced consent orders with Hyundai Motor America Inc. and Kia Motors America Inc. related to recalls for vehicles equipped with Theta II engines.…
Hyundai Motor America has agreed to pay a cash penalty of $54 million and other fines according to a consent order issued on Nov 23rd in N.J. by the National…
The Federal Reserve Board and Consumer Financial Protection Bureau announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt…
The Consumer Financial Protection Bureau recently issued a final rule to restate clarify prohibitions on harassment and abuse, false or misleading representations, and unfair practices by debt collectors when collecting…
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