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Experience
|April 10, 2024
Winston assists Eurazeo in the financing of Vulcain Ingénierie's fourth LBO
Experience
|February 15, 2024
Winston Closes Financing of the Landmark San Juan Bay Cruise Terminals Project
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|June 11, 2024
The SEC’s Spotlight on Digital Assets
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|May 22, 2024
Client Alert
|May 17, 2024
|6 Min Read
A unique entity, the Consumer Financial Protection Bureau (CFPB) has faced court challenges to its policies and structure since its inception. But in recent years, as the CFPB has become more active and, arguably, more aggressive, it has faced increasing legal scrutiny. The swirling legal challenges against the CFPB raise questions for banks and other regulated entities regarding not only how to respond to CFPB’s rulemaking but how quickly they should act to do so. This article addresses the main litigation surrounding credit card late fees and its overlap with the recent Supreme Court case upholding the validity of the Bureau’s funding structure, and in this context provides further insight into the pace at which an entity should respond to this quasi-regulator/quasi-enforcer.
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Law Glossary
What Is Financial Privacy Law?
Law Glossary