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Mayer Brown
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Tel: +1 312 7820600
Fax: +1 312 7017711
71 S. Wacker Dr.
IL 60606
United States
By Ori Lev
Dealing the Consumer Financial Protection Bureau another setback, on April 21, 2017, the DC Circuit Court of Appeals refused to enforce a Civil Investigative Demand issued by the CFPB.
By Keisha Whitehall Wolfe, Costas Avrakotos
The NMLS MSB Call Report, described by the CSBS as "a new tool within the NMLS that will streamline MSB reporting, improve compliance by the industry, create the only comprehensive database...
By Eric Edwardson
On the theory that Fannie Mae and Freddie Mac cannot remain in conservatorship forever, on April 20, 2017, the Mortgage Bankers Association issued a proposal for reform of Fannie Mae and Freddie Mac, titled ...
By David Dowd, Marcia Madsen, Elizabeth Espín Stern, Paul W. Virtue
On April 18, 2017, at the Snap-On Tools® plant in Kenosha, Wisconsin, US President Donald Trump signed an EO addressing two aspects of the administration's policy: protection of US jobs and preference for US-manufactured products or goods.
By Jonathan Jaffe
The California Department of Business Oversight* ("DBO") appears to have backed off of its pronouncement late last year that lenders may not deliver per diem disclosures to all borrowers.
By Evan Tager
A bankruptcy judge in the Eastern District of California recently issued a decision that is sure to raise appellate eyebrows.
By Joseph Seliga, Mitchell Holzrichter, Nicholas R. Vallorano
Regulators have also brought several new enforcement actions during the first quarter of this year under existing pay-to-play rules and ethics laws.
By Joshua Yount
Yesterday afternoon, the Supreme Court heard oral argument (pdf) in CalPERS v. ANZ Securities, a case that asks whether a plaintiff asserting violations of Section 11 of the Securities Act of 1933 can file suit after the three-year outer limit for such suits has passed ..
By Costas Avrakotos, Keisha Whitehall Wolfe
The 2017 Maryland legislative session ended at midnight last Monday, April 10. Here is a look at legislation affecting financial services businesses that the Governor is expected to sign into law.
By Brian Netter
Today, the Supreme Court issued two decisions, described below, of interest to the business community.
By Elizabeth Espín Stern, Paul W. Virtue, Grace Shie
In separate proceedings, two federal appeals courts announced recently that they would fast-track appeals of lower-court decisions to temporarily bar implementation of the executive order titled "Protecting the Nation from Foreign Terrorist Entry into the United States," signed by President Donald Trump on March 6, 2017.
By Steven Kaplan, Eric T. Mitzenmacher, Kevin Healy
A complaint filed March 23 by the bankruptcy trustee for Lam Cloud Management, LLC in the United States Bankruptcy Court for the District of New Jersey challenges two small business financing models:
By Elizabeth Espín Stern, Paul W. Virtue, Grace Shie
In a Policy Memorandum—"Rescission of the December 22, 2000 ‘Guidance memo on H1B computer related positions,'" PM-602-0142, March 31, 2017,—issued on the eve of the annual H-1B visa filing period, ...
By Brian Netter
Today, the Supreme Court granted certiorari in one case of interest to the business community: Alien Tort Statute—Application to Corporations
By Kevin Ranlett
Good news for businesses that use fax machines to communicate with customers: A panel of the D.C. Circuit has just struck down the FCC's 2014 order mandating that even faxes requested by the recipient that contain advertising material include a special opt-out notice.
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