OCC ISSUES PROPOSED RULE TO OFFICIALLY END OPERATION CHOKE POINT
- Without ever mentioning its name, the Office of the Comptroller of the Currency on Friday issued a proposed rule that would put an end to Operation Choke Point by calling on banks to ensure provide access to services and capital based on the risks of the particular client and not make broad-based decisions that affect entire industries.
CFPB FILES SUIT AGAINST DEBT RELIEF COMPANY AND ITS OWNERS
- The Consumer Financial Protection Bureau on Friday announced it had filed a lawsuit against a debt settlement company and its owners for allegedly taking money from customers before achieving the results it promised and deceiving individuals about “material aspects” of the services it provided.
FCC IMPOSES $10M FINE ON ROBOCALLER FOR SPOOFING COMPETITOR’S NUMBER
- Spoofing a phone number is bad. Spoofing the phone number of your “bitter” competitor and then making more than 47,000 pre-recorded robocalls is even worse. Which is why the Federal Communications Commission has imposed a fine of nearly $10 million on Kenneth Moser for intentionally trying to harm the business of his competition.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from eight different compliance experts — Joann Needleman, Rick Perr, Dennis Barton, Heath Morgan, Virginia Bell Flynn, Stacy Rodriguez, Kim Phan, and Carlos Ortiz — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: The man behind the “Ice Bucket Challenge” has died … If you’re not sleeping well this year, you’re not alone … A day in the life of an Amazon warehouse worker … Stop sending these unnecessary email responses and help save the planet … The real story of the first Thanksgiving … Options for your Thanksgiving meal, if you don’t want to cook … Early Black Friday deals that may be of interest to you … Ten ways you can help people this Thanksgiving … Watch a Florida man rescue his puppy from the jaws of an alligator.
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Music Monday
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