The CFPB has finalized a rule promoting a shift toward open and decentralized banking by requiring depository and nondepository entities to make certain data relating to consumers’ transactions and accounts available to consumers and authorized third parties.

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The bipartisan Anti-Robocall Multistate Litigation Task Force—consisting of 51 AGs—issued a warning letter to iDentidad Advertising Development LLC, d/b/a iDentidad Telecom (iDentidad), raising concerns that iDentidad may be transmitting illegal robocall traffic in violation of the Telemarketing Sales Rule, Telephone Consumer Protection Act, Truth in Caller ID Act, and state consumer protection laws.

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A group of 24 Republican AGs have filed a brief challenging the EPA’s Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles—Phase 3 final rule (Final Rule), which sets standards to reduce greenhouse gas emissions from heavy-duty (HD) vehicles. In the AG’s brief, they contend that the Final Rule is invalid, arguing it exceeds the EPA’s statutory authority, violates…

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The FTC has finalized a new “Click-to-Cancel” rule to protect consumers from unfair or deceptive practices when seeking to cancel their enrollment in subscription services, memberships, and other recurring-payment programs. The rule—which amends the FTC’s Negative Option Rule—applies to all negative option programs in any media, and requires a simple mechanism to be provided to cancel a negative…

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The CFPB issued a Supervisory Highlight detailing findings related to potentially illegal practices by auto-finance companies. The Supervisory Highlight’s key observations include that certain auto-finance companies allegedly repossessed consumers’ cars despite timely payments or loan extensions; provided inaccurate disclosures; misapplied loan payments; put incorrect information on credit reports; misled borrowers about the possibility of qualifying for…

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