The featured Premier Business Partner for February is Hudson Cook. Learn more at hudco.com. Established in 1997, Hudson Cook, LLP focuses its practice on laws related to financial services, banking and information privacy. In addition to the regulatory compliance practice we assist with government supervision and enforcement, and consumer litigation. Our attorneys understand the complex […]

Today, the Independent Women’s Forum published a piece observing that New Mexico’s HB132, which would cap interest rates at 36%, would “rob the financially vulnerable of access to critical funds, leaving them in a more unstable financial situation.” The argument is powerful and worth reading in full on the IWF website.

Today (Saturday, January 29, 2022) the New Mexico House of Representatives Consumer and Public Affairs Committee will consider H.B. 132, which caps interest rates at 36% for consumer loans. The following statement can be attributed to Danielle Fagre Arlowe, Senior Vice President for State Government Affairs for the American Financial Services Association: “H.B. 132 is not only a bad […]

As you seek to create new digital customer experiences, leverage and expand use of data, and invest in technology innovations, cybersecurity threats are evolving and growing. While tools to mitigate such threats are becoming more sophisticated, so have the hackers’ tactics. Join Schellman CEO Avani Desai to discuss the top cybersecurity threats facing companies today […]

Rochelle McClanahan has been approved to join the AFSA Board and Executive Committee. In addition, she will be joining the AFSA Foundation Board. Ms. McClanahan is the Chief Financial Officer for Brundage Management Company, based in San Antonio, Texas. Brundage Management Company manages the operations for Sun Loan Company and Key Self-Storage. Ms. McClanahan began […]

The Consumer Financial Protection Bureau (CFPB) is seeking public input regarding what it termed “junk fees” that a number of different industries, such as financial services, entertainment and travel, charge consumers. “Many financial institutions obscure the true price of their services by luring customers with enticing offers and then charging excessive junk fees,” said CFPB […]

In the first episode of 2022, we continue our 50-state series, where we’ll be asking questions of financial services regulators around the country. We’ll make our way through all 50 states getting to know the regulators that are part of our industry. Today, Danielle Fagre Arlowe, Senior Vice President and head of the State Government […]

On this day celebrating the life and ongoing mission of Rev. Martin Luther King, there is no better way to honor him than to take some time to read his words and hear his clarion call for fundamental respect of human dignity and justice. We must all work together for a society that reflects his vision of an America worthy of his and so many others’ sacrifices.  

Today, the American Financial Services Association joined a diverse, multi-industry effort #UnitedForPrivacy , calling on Congress and the Biden Administration to pass bipartisan, federal privacy legislation.   The effort includes 19 different trade associations, as well as the U.S. Chamber of Commerce and 81 regional Chambers of Commerce.   A state-by-state privacy-policy patchwork is a drag on consumers, small […]

In an effort to help workers keep their jobs and assist businesses who struggled because of the pandemic, Rep. Elaine Luria (D-VA) urged the Small Business Administration (SBA) to clarify that small finance companies are eligible to receive Paycheck Protection Program (PPP) loan forgiveness. In Rep. Luria’s letter sent earlier this week, she said, “these […]