Ad Law Access

Updates on advertising law and privacy law trends, issues, and developments
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Topic:  Consumer Financial Protection Bureau (CFPB)

CFPB Issues Proposed Rule to Expand Supervisory Authority, Conduct Examinations of Digital Wallets and Mobile Payment Apps

Donnelly L. McDowell, Alexander I. Schneider, Matthew C. Luzadder

Yesterday, the Consumer Financial Protection Bureau (CFPB) released a notice of proposed rulemaking that would allow the agency to supervise and conduct examinations of certain non-bank providers of digital wallets and…