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Search OptionsFinancial ServicesBusinesses Prepare Now for Indiana’s New Data Privacy Law Effective January 1, 2026!
The Indiana Consumer Data Protection Act (INCDPA), effective January 1, 2026, introduces new requirements for businesses that handle personal data of Indiana residents. If your company operates in Indiana or targets Indiana consumers, now is the time to ensure compliance with the INCDPA. Tenth Circuit Upholds Colorado's Opt-Out from DIDMCA Interest Rate Exportation Provisions
On November 10, 2025, the Tenth Circuit Court of Appeals upheld Colorado’s legislative opt-out from the federal interest rate exportation provisions of the Depository Institutions Deregulation and Monetary Control Act of 1980 (“DIDMCA”). This decision marks a significant shift in the regulatory… CFPB Seeks to Ease Compliance with Small Business Lending Data Collection Rule
The Consumer Financial Protection Bureau (“CFPB”) has proposed changes to the small business lending data collection requirements under section 1071 of the Equal Credit Opportunity Act (“ECOA”). Section 1071 requires financial institutions to collect and report to the CFPB certain data on… Significant Reg. B Changes on the Horizon
The Consumer Financial Protection Bureau (“CFPB”) proposed sweeping changes to Regulation B, the implementing regulation of the Equal Credit Opportunity Act (“ECOA”), which is expected to ease the regulatory compliance burden of creditors as well as shakeup the landscape of Special Purpose Credit… CFPB Asserts it Cannot Lawfully Draw Funds from the Federal Reserve
Since its creation, the Consumer Financial Protection Bureau’s (“CFPB” or the “Bureau”) funding mechanism has been under attack. To date, these attacks have been unsuccessful, but the latest challenge by the Bureau itself may finally succeed, or at the very least temporarily support the Bureau’s… Bank Holding Companies: Keep or Eliminate?, with Keaton Miller
Flagstar Bank expects to save $15 million annually by shedding its holding company—a trend that started about eight years ago. “It really got people thinking, ‘Do we really need a holding company today?,’” says Keaton Miller in this discussion about the benefits of holding companies. Keaton brings… Supplemental Update: IRS Issues Transitional Relief for 2025 Vehicle-Loan Interest Reporting
This update supplements our prior client alert, “New Reporting and Deduction Rules for Vehicle Loans Under the One Big Beautiful Bill Act” issued October 16, 2025 and highlights the IRS ’s transitional guidance issued in Notice 2025-57, that provides penalty relief and simplified reporting… New Reporting and Deduction Rules for Vehicle Loans Under the One Big Beautiful Bill Act
Background SEC to Consider Shift Away from Quarterly Reporting
President Donald Trump caught the attention of many recently with the following Truth Social post: Subject to SEC Approval, Companies and Corporations should no longer be forced to “Report” on a quarterly basis (Quarterly Reporting!), but rather to Report on a “Six (6) Month Basis.” This will save… Brokered Doesn't Have to Mean Broken – Navigating Complexities of Brokered Deposits
Brokered deposits occupy a unique place in bank funding: widely used, strategically valuable, and nevertheless scrutinized. Banks often rely on them to supplement local deposit bases, particularly when core deposits slow or fail to keep pace with asset growth. Brokered deposits also carry the… Shifting Regulatory Policy and Focus: Impact of the Recent Executive Order on Debanking
On August 7, 2025, President Donald Trump issued an Executive Order titled “Guaranteed Fair Banking for All Americans”. The Executive Order prohibits financial institutions from engaging in “politicized or unlawful debanking” practices. “Debanking” is a term used in recent years to describe the… How Banks Empower Native American Homeownership Through the Section 184 Indian Home Loan Guarantee Program
The Section 184 Indian Home Loan Guarantee Program (the “Program”), administered by the U.S. Department of Housing and Urban Development (“HUD”), provides a home mortgage product specifically tailored for Native American families and federally recognized tribes. For banks and mortgage lenders, the… |
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