To show a violation:
- There must be a representation, omission or practice that is likely to mislead the consumer as viewed from the perspective of a consumer acting reasonably in the circumstances.
- The representation, omission, or practice must be a “material” one – meaning, the act or practice would be likely to affect the consumer’s conduct or decision with regard to a product or service.
-
GRIP Extra: OSC sets examination priorities, SEC reviews FINRA short-selling proposal
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
-
Optum Rx launches ‘transparent,’ fee‑based pharmacy benefit model
The PBM’s announcement model comes amid growing pressure on the nation’s largest pharmacy benefit managers to abandon opaque pricing structures and comply with expanding federal and state transparency requirements.
Kevin Kinsella4 min read
-
GRIP Extra: CFTC replaces outdated swap benchmarks, ESMA moves to simplify EU reporting
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
-
GRIP Extra: OCC blocks Illinois interchange fee ban, CFPB cuts small business lending rule
Our in-brief roundup of notable stories from the last week.
GRIP2 min read
-
GRIP Extra: Regulators lower US community bank leverage ratio, DOJ seizes $700m from scam center
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
-
AI enforcement accelerates as federal policy stalls and states step in
This article examines the evolving federal and state AI enforcement landscape and outlines practical considerations for companies deploying AI technologies.
-
GRIP Extra: OSFI releases Annual Risk Outlook, SEC advances Treasury cash futures cross margining
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
-
GRIP Extra: SEC names new enforcement chief, DOJ opens fraud division
Our in-brief roundup of notable stories from the last week.
GRIP2 min read
