Disparate Impact Cases Against HUD: Illinois Federal Court Issues Decision; Update On D.C. Case

By | CFPB Monitor | September 12, 2014
Disparate Impact Cases Against HUD: Illinois Federal Court Issues Decision; Update On D.C. Case

Because of their potential impact on the CFPB’s conclusion that the ECOA and Regulation B encompass disparate impact claims, we have been following two insurance industry lawsuits involving a challenge to HUD’s Federal Housing Act (FHA) disparate impact rule, with one lawsuit filed in federal district court in D.C. and the other filed in an Illinois federal district court.

CFTC to Vote On Proposed Swap Margin Rule and Final Rule On Swaps with Utility Special Entities

CFTC to Vote On Proposed Swap Margin Rule and Final Rule On Swaps with Utility Special Entities

On September 17, the Commodity Futures Trading Commission (CFTC) will hold its first open meeting under new Chairman Timothy Massad to vote on:  1) a re-proposed rule on margin requirements for uncleared swaps for swap dealers; and 2) a final rule excluding certain swaps with utility special entities from the de minimis calculation for swap dealer registration purposes.