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As student debt rises, CFPB looks to employer repayment benefits
With nearly half of student loan borrowers leaving school owing at least $20,000, more employers are offering student loan repayment benefits to their employees, according to two new CFPB reports. &qu...
Failure to ensure accurate consumer information created standing to sue
A consumer who claimed that an Internet company failed to assure the maximum possible accuracy of personal information the company provided about him described a concrete injury that gave him constitu...
Capital treatment guidance provided for derivative contracts
Federal banking regulators have provided interagency guidance on the treatment of cleared settled-to-market contracts under regulatory capital rules. The guidance from the Federal Reserve Board, Feder...
Warren polls CEOs on CFPB arbitration rule
Senator Elizabeth Warren (D-Mass) has asked 16 chief executive officers whether they support or oppose the Consumer Financial Protection Bureau’s final mandatory arbitration rule. In her letters...
Nationwide Mutual Insurance agrees to pay $5.5 million for data breach
Thirty-two states have reached an agreement with Nationwide Mutual Insurance Company in which the company will pay $5.5 million concerning a 2012 data breach that resulted in the loss of personal info...