- Posts by Alexis T. NarducciAssociate
Lexi is an associate in the firm’s Litigation practice group where she represents national, regional, and local clients in a variety of commercial disputes in state court, federal court, and arbitration. Lexi’s practice ...
On December 7, 2021, the Consumer Financial Protection Bureau (“CFPB”) published its final rule (“Rule”) facilitating the transition away from LIBOR for open-end and closed-end consumer financial products. The Rule amends provisions of Regulation Z, which implements the Truth in Lending Act to allow for the transition from U.S. dollar LIBOR to the Secured Overnight Financing Rate (“SOFR”) and other alternative reference rates. SOFR is deemed compliant as a replacement index whereas other alternative reference rates must pass the “comparability” or ...
In AMG Capital Management v. FTC, a unanimous Supreme Court recently struck the Federal Trade Commission’s (the FTC) power to obtain monetary relief under § 13(b) of the FTC Act (the Act). Under § 13(b), the FTC can seek the aid of a court to obtain a permanent injunction. The issue the court addressed is whether Congress, by enacting § 13(b) and using the words “permanent injunction”, granted the FTC authority to obtain monetary relief directly from the courts rather than through the administrative process, which ultimately allows for such relief. The Court held the FTC is not ...
About MVA White Collar Defense, Investigations, and Regulatory Advice Blog
As government authorities around the world conduct overlapping investigations and bring parallel proceedings in evolving regulatory environments, companies and individuals face challenging regulatory and criminal enforcement dynamics. We provide in-depth analysis and up-to-date information to help our clients navigate these fast-moving areas.
The latest from MVA White Collar Defense, Investigations, and Regulatory Advice Blog
- A Red State Model for Comprehensive AI Laws: Texas Enacts the Responsible Artificial Intelligence Governance Act
- MVA Attorneys Co-Author Law360 Article on FDIC Resolution Planning Updates
- CFPB Announces It Will Not Prioritize Enforcement And Supervision Of Its Small Business Lending Data Collection Rule Under The Equal Credit Opportunity Act
- Acting Chairman Uyeda Suggests Revisiting the Role of State Securities Regulators in Connection with Mid-size Investment Advisers and Securities Registration