Week in Review

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State AGs urge e-cigarette rule, financial regulators propose credit risk retention rule, and more…

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  • Several federal financial regulators jointly issued a guidance explaining that the privacy rules in the Gramm-Leach-Bliley Act typically allow banks and other financial instutions to ” to report suspected elder financial abuse.”
  • House and Senate health policy leaders agreed on a bill to regulate compound drugs following last year’s deadly meningitis outbreak.
  • New York state regulators cracked down on companies posting or paying for fraudulent or deceptive reviews online.
  • For the first time, the Federal Trade Commission (FTC) reached a settlement with a debt collector for alleged impermissible use of text messages to collect from consumers.
  • Britain filed a suit in the European Court of Justice seeking to prevent a European Union rule that would cap bonuses for bankers from taking effect.