On September 24, 2024, Governor Gavin Newsom signed into law three consumer protection bills aimed at medical debt, commercial debt, and enforcement of money judgments. RMAI actively lobbied and were able to achieve amendments on all three bills. In the case of Senate Bill 1061, we were able to significantly narrow the scope of the […]
On August 12, 2024, the New York City Department of Consumer and Worker Protection (DCWP) published its long-awaited amendments to the City’s Debt Collection Rule and an FAQ. DCWP has been working on revisions to this rule since November 2022. It was the subject of two public comment periods which RMAI […]
RMAI is an inclusive organization that fosters the participation of a diverse group of employees from all member companies in all RMAI networking activities, educational programming, and committee service. To that end, RMAI created the Diversity Equity Inclusion Belonging (DEIB) Annual Conference Scholarship.
The 2025 Annual Conference will be held at the Aria Resort & […]
RMAI extends its thoughts of support to all of those affected by Hurricane Beryl. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the portions of Texas who are directly affected by this emergency. Information on the impact of Hurricane Beryl can be found on the Texas Division of Emergency Management website at
On June 28, 2024, Senate Bill 824 was enacted, amending Pennsylvania’s data breach notification law (73 Pa. Stat. Ann. § 2301, et seq.). The amendments go into effect September 26, 2024.
Among other things, the amendments:
On June 28, Senate Bill 2500, the “Rhode Island Data Transparency and Privacy Protection Act,” was enacted without the governor’s signature. This makes Rhode Island the nineteenth 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, […]
Today the United States Supreme Court struck down a forty-year-old precedent that required courts to give deference to statutory interpretations of administrative agencies. This is welcome news to RMAI members who have been subject to onerous regulations from the Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), and other federal agencies in recent years. […]
The Corporate Transparency Act (CTA) was passed by Congress to enhance transparency in corporate ownership. Enacted as part of the Anti-Money Laundering Act of 2020, the CTA aims to combat illicit activities such as money laundering, terrorist financing, and other financial crimes by requiring businesses to disclose their beneficial ownership information to the Financial Crimes […]
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 […]
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 […]