Category Archives: Regulations and regulators

Bill Black: The CFPB Arbitration Rule is Pro (Honest) Businesses

The CFPB takes a modest but important step to rein in fraud against consumers, which has banks hoppin’ mad.

Lee Camp: Enjoy the Trump Show While Wall Street Pillages the Country

Trump’s Wall Street allies are pleased that the press isn’t paying much attention to market froth and rising debt as he pushes deregulation.

Doubling Down on Deregulation: SEC Extends JOBS Act Benefit in Elusive Quest to Goose IPO Market

SEC extends JOBS Act nonpublic IPO filing to all companies– despite evidence that relaxing securities law doesn’t help raise capital.

Brexit Starts to Go Pear Shaped from UK Side as Businesses Freak Out

British businessmen are starting to wake up to what Brexit really means for them, but their proposed fixes are yet more wishful thinking.

EU Takes Stand Against Crapification

The EU takes a first step towards combatting planned obsolescence and manufacturer-only repairs.

Mandatory Arbitration Clauses: What’s Next?

What will CFPB head Richard Cordray do about mandatory arbitration clauses. Some Dems mull action– even without majority to change policy.

US Backs Away from Blanket Laptop Ban, Imposes New Airline Security Regime Instead

The US pressing tougher security rules– including a bigger role for US agents– under threat of imposing a total ban on laptops in aircraft.

Yet Another Form of Crapification: Stranded Money

Some examples of stranded funds as yet another way of degrading the customer experience.

EPA, Agencies to Rescind Clean Water Rule

EPA administrator Scott Pruitt announces plans to rescind the Clean Water Rule, bowing to developers and other business interests.

US Copyright Office Wimps Out on Right to Repair

Report recognizes rationale for right to repair, via tweaks to existing rule-making procedures under existing copyright statutory framework.

Bill Black: Bank Whistleblowers United Makes Its Latest Lemon Award – to the UK

The UK rejects the idea of rewarding whistleblowers, despite the fact that the US experience shows it to be a sound way to catch abuses.

Wolf Richter: Two Italian Zombie Banks Toppled Friday Night

It’s getting harder to ignore the stench coming from the Italian banking system.

Uber Spinning Out of Control: Employees Eyeing Exits as Press (Finally) Starts to Question Business Model

More on the upheaval at Uber.

CFPB Lambastes Student Loan Servicers for Thwarting Public Servant Debt Relief

CFPB report details errors and practices of student loan servicers that will bar borrowers from qualifying for debt forgiveness.

The Wheels Come Off Uber

Uber is over. But since many have money and reputations at stake, and Uber has cash to burn, it will take a while for that to be undeniable.