RMAI Announces U.S. Rep. Mike Lawler to Provide the Keynote Address at the RMAI Executive Summit
June 26, 2024 (Sacramento, CA) – RMAI is pleased to announce that the Keynote Speaker at the 2024 RMAI Executive Summit will be U.S. Representative Mike Lawler from New York’s 17th congressional district. Congressman Mike Lawler will provide a comprehensive update on the latest developments from Capitol Hill. The 2024 Executive Summit will be held from August […]
Member Alert: CFPB Issues Rule Regarding Buy Now, Pay Later
On May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an “interpretive rule” that regulates certain “Buy Now Pay Later” (BNPL) consumer transactions like credit cards. As an “interpretive rule,” the Bureau is providing guidance as to how existing law applies to covered BNPL transactions. It does not create any new law or regulation.
The […]
RMAI Update June 2024
In This Update
Member Alert: RMAI Meets with Director Chopra of the CFPB
Yesterday, RMAI leadership met with Director Rohit Chopra of the Consumer Financial Protection Bureau (CFPB) in Washington, DC. RMAI was represented by RMAI Immediate Past President Anne Thomas, RMAI Board Member Kelly Knepper-Stephens, RMAI Past President Jim Mastriani, and RMAI Executive Director Mike Becker. Director Chopra […]
Member Alert: CFPB Launches Nonbank Registry of Repeat Corporate Offenders
On June 3, 2024, the Consumer Financial Protection Bureau (CFPB) announced the adoption of its final rule establishing a registry to “detect and deter” corporate offenders that have broken consumer laws and are subject to regulatory or court orders. In December 2022, the CFPB had issued proposed rulemaking and […]
Member Alert: Connecticut Medical Debt Collection Restrictions Effective July 1
On May 9, Connecticut Governor Lamont signed into law Senate Bill 395 restricting the furnishing of “medical debt” by certain covered entities. The law defines medical debt as “an obligation or alleged obligation of a consumer to pay any amount related to the receipt by the consumer of health care goods or health care […]
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RMAI Update May 2024
In This Update
Member Alert: Maryland Online Data Privacy Act of 2024 Enacted with GLBA Exemptions
On May 9, Governor Moore signed into law the Maryland Online Data Privacy Act of 2024 (House Bill 567/Senate Bill 541), making Maryland the seventeenth state to enact a comprehensive consumer data privacy law following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, Montana, Texas, Oregon, Delaware, New Jersey, New Hampshire, Kentucky, and […]