State AGs urge e-cigarette rule, financial regulators propose credit risk retention rule, and more…
- Forty state attorneys general petitioned the Food and Drug Administration (FDA) to regulate e-cigarettes.
- The Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Housing and Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) proposed a joint rule on credit risk retention.
- Some commentators suggested the Commodity Futures Trading Commission (CFTC) may be hamstrung when the agency’s chairman steps down at the end of the year if no replacement is selected.
- 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.