Current Texas Cybersecurity and Data Privacy Laws
The Texas Legislature passed new cybersecurity laws in 2017 and 2019, while the 2021 legislative session appears unlikely to produce […]
What the Financial Services Industry Might Expect from the Biden Administration
The new administration’s policy agenda and agency appointments could have a considerable impact on the financial services industry Key Takeaways: […]
Federal Appeals Court Considers OCC’s FinTech Charter Authority
What is the “business of banking?” The Federal Court of Appeals for the Second Circuit is pondering that question as […]
Congressional Lawmakers Seek to Overturn the OCC’s “True Lender” Rule
Congressional Democrats recently introduced resolutions that would overturn the Office of the Comptroller of the Currency’s “True Lender Rule” (TLR), […]
Court or Out of Court: The Potential Benefits of Pursuing Mediation
Sometimes solving issues without waiting for a court ruling—while being prepared to take things all the way—can be the best […]
The OCC’s “True Lender” Rule is Facing a Potential Reversal
Controversy and a high-profile lawsuit have surrounded the banking rule since the Office of the Comptroller of the Currency issued […]
New PPP Compliance Procedures for 2021
The government delegated approval authority to lenders for the first round of Paycheck Protection Program loans in 2020—reflecting the emergency […]
Data Privacy Class Action Lawsuits Pose a Rising Threat to the Financial Industry
Increased regulatory pressures and higher expectations for companies’ defenses against cyberattacks make financial institutions vulnerable to class action lawsuits. Key […]
Texas’s Rule 202: A Unique Approach to Pre-Litigation Discovery
Broad allowances for pre-lawsuit discovery through a provision in the Rules of Civil Procedure present an opportunity for Texas attorneys […]
Changes to SEC Rules on Equity Crowdfunding Loosen Restrictions on Raising Capital
New Securities and Exchange Commission rules that raise funding caps for all levels of equity crowdfunding and clarify requirements for […]