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Beyond the Ocean Shipping Reform Act: Recent FMC Decisions and Settlement Implications

Since its passage on June 16, 2022, the shipping industry is understandably focused on the implications of the Ocean Shipping Reform Act of 2022 (OSRA) (Pub. Law No. 117-146, 2022 Enacted S. 3580), and the rulemakings that will follow. In the meantime, the ongoing activities at the Federal Maritime Commission (FMC) are continuing to establish ...
Daniel Maffei Holland Knight Maritime Commission Bureau Of Enforcement Ocean Shipping Reform Act Federal Maritime Commission

States Encouraged by CFPB to Enforce Federal Consumer Financial Law | Venable LLP

The Consumer Financial Protection Bureau ("the Bureau" or CFPB) released an Interpretive Rule - which is exempt from notice-and-comment requirements of the Administrative Procedure Act...
Rohit Chopra Exchange Commission Commodity Futures Trading Commission Consumer Financial Protection Bureau The Farm Credit Administration Consumer Financial Protection Bureau

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CFPB Issues Interpretive Rule Concerning States Authority

The Interpretive Rule delineates statesโ€™ authority to enforce federal consumer financial protection law. CFPB does not prohibit or limit state authority to bring enforcement actions for nlaw violations by traditional financial institutions, fintechs, crypto service providers.
Consumer Financial Protection Bureau Interpretive Rule Consumer Financial Protection Act Consumer Financial Protection Overnment Cfpb Interpretive Rule

CFPB Issues Interpretive Rule Concerning States Authority

The Interpretive Rule delineates statesโ€™ authority to enforce federal consumer financial protection law. CFPB does not prohibit or limit state authority to bring enforcement actions for nlaw violations by traditional financial institutions, fintechs, crypto service providers.
Consumer Financial Protection Bureau Interpretive Rule Consumer Financial Protection Act Consumer Financial Protection Overnment Cfpb Interpretive Rule

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