United States: Notwithstanding Little Guidance From The CFPB, Expect More UDAAP Enforcement Actions Now That The Presidential Election Is Over - Foley & Lardner
The Consumer Financial Protection Bureau ("Bureau") has yet to provide a set of concrete, meaningful rules setting forth what it considers unfair, deceptive, or abusive acts or practices ("UDAAP") are under the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"), but that has not stopped the Bureau from flexing its broad and significant enforcement muscles.
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Pro-Obama super PAC outpaces GOP counterpart
Monday, October 22, 2012 - 10:28 Justin Sullivan/Getty Images Pro-Mitt Romney super PAC Restore Our Future doubled its monthly hall but was outraised by its pro-Obama counterpart Priorities USA Action for the second month in a row. Restore Our Future , a super PAC supporting Mitt Romney’s candidacy, doubled its fundraising total in September. It took in $14.8 million , but was still outraised by the pro-President Barack Obama Priorities USA Action , which raised $15.3 million for the month. The totals show a reversal of a trend — Republicans to date have fared better at raising money for outside groups, though Romney still has American Crossroads, a well-funded super PAC, and Crossroads GPS, a nonprofit, in his corner. Restore Our Future brought in $7 million in August. Most of the major super PACs had until Saturday at midnight to file monthly reports with the Federal Election Commission on September’s fundraising activities. Meanwhile, J. Joe Ricketts, whose conservative Ending ...