Compliance News

Lender Compliance Technologies (LCT), the company that specializes in compliance solutions for automotive, RV, marine, and powersports lenders, has raised $4.15 million in a Series A funding round, with Automotive…
The blueprint for how companies distribute content to consumers and gain consent to use personal data is changing. Apple, creator of the famous iPhone and iPad, recently announced changes to…
For decades, the Federal Trade Commission has used Section 13(b) of the FTC Act to get billions of dollars back from companies it believed were defrauding consumers. The FTC has…
In July 2020, we wrote an article for Hudson Cook Insights, entitled “Equality in Credit Decisions—Does ‘Sex’ Include Sexual Orientation and Gender Identity?,” following the Supreme Court’s decision in Bostock…
The National Highway Transportation and Safety Administration is warning that owners of select Model Year 2017-2021 Kia Sportage and Cadenza vehicles should park their cars outside and away from homes…
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…
New NACHA Account Validation Requirement Will Make It More Difficult for You to Accept Electronic Payments from Your Website. Back in the 1980s, President Reagan popularized an English translation of…
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