Hannes Zetzsche and Eli Rosenberg join host David Kramer for a wide ranging discussion on cannabis banking. This episode covers the legal treatment of cannabis on both the federal and state levels and what issues and challenges banks face in providing financial services to these businesses. Listen here.
Publications
CFPB will Directly Supervise Fintech Companies
on Wednesday, 25 May 2022 in
Publications
In an aggressive expansion of its regulatory oversight of the financial services market, the Consumer Financial Protection Bureau (“CFPB”) announced last month its intent to use dormant authority within the Dodd-Frank Act to begin supervising non-banks (including fintech and crypto companies) that the CFPB has reasonable cause to determine pose […]
Connecticut Passes Consumer Data Privacy Law
on Wednesday, 25 May 2022 in
Publications
Connecticut has joined California, Colorado, Utah, and Virginia in passing a comprehensive consumer data privacy law that establishes obligations for businesses that collect and process the personal data of Connecticut residents. The Connecticut Data Privacy Act (the “Act”) was signed by Governor Ned Lamont on May 10, 2022. The new […]
BEC Fraud Revisited
on Wednesday, 25 May 2022 in
Publications
Business Email Compromise (“BEC”) frauds have once again become a major threat for businesses. This method took a backseat to other more sophisticated scams for the last two years, but the scheme has been reinvigorated, once again taking center stage. The FBI issued a Public Service Announcement on May 4, […]
Nebraska Supreme Court: Lack of “Mental Disorder” Stymies Delinquent Taxpayer’s Extended Redemption Claim
on Friday, 20 May 2022 in
Publications
Nieveen v. TAX 106, 311 Neb. 574 (2022). Tax sales are a common method for counties to recoup unpaid property taxes in Nebraska. Each county places an automatic lien on property within its boundaries for any unpaid property taxes. Neb. Rev. Stat. § 77-1901. The county can then sell its […]