On September 26, Arizona Attorney General Kris Mayes announced that the new Cryptocurrency Kiosk License Fraud Prevention Law took effect, establishing new safeguards for consumers using cryptocurrency ATMs. The law, enacted through House Bill 2387, amends the state’s money transmission statutes to require enhanced disclosures, transaction limits, and refund rights for fraud victims.
Continue Reading Arizona Cryptocurrency Kiosk Law Takes Effect
On September 23, the Massachusetts Division of Banks finalized amendments to the Small Loans Law, the Truth in Lending Act, and the Mortgage Lender and Broker Licensing Law. The changes update licensing procedures, disclosure rules, and financial-responsibility standards for financial institutions operating in Massachusetts.
Continue Reading Massachusetts Finalizes Amendments to Mortgage Licensing, Truth in Lending, and Small-Loan Regulations
On September 16, Oregon Governor Tina Kotek announced three consumer protection laws: Senate Bill 605 on medical-debt credit reporting, House Bill 3178 on auto sales and financing disclosures, and Senate Bill 430 on online pricing transparency. All three bills take effect in 2026.
Continue Reading Oregon Enacts New Laws on Medical Debt Credit Reporting, Auto Loan Disclosures and Hidden Online Fees
On July 28, The New York City Department of Consumer and Worker Protection (DCWP) announced that its amended debt-collection rule, scheduled to take effect on October 1, 2025, has been postponed, leaving the industry in limbo for the third time since the rules were finalized in August 2024. DCWP will set a new effective date with at least three months’ advance notice.
Continue Reading New York City Pushes Back Compliance Date of Amended Debt-Collection Rules
On July 29, the Massachusetts Attorney General issued updated business guidance and a webinar explaining the state’s new “junk fee” regulations under the Massachusetts Consumer Protection Act, which take effect on September 2. The guidance breaks down the rule’s disclosure and cancellation obligations into checklists and identifies narrow carve-outs for businesses already subject to comparable federal or state rules.
Continue Reading Massachusetts AG Issues Final Guidance Ahead of September 2 Junk-Fee Rule Enforcement
On June 26, Rhode Island Governor Dan McKee signed companion bills S 0169 and S 0172 into law, twin measures that amend the state’s Deceptive Trade Practices Act and Interest and Usury statute to impose some of the nation’s strictest limits on the reporting and collection of medical debt. S0169 becomes effective January 1, 2026, while S0172 took effect immediately upon passage.
Continue Reading Rhode Island Enacts Ban on Reporting Medical Debt to Credit Bureaus
On June 20, Texas Governor Greg Abbot signed into law HB 700, adding Chapter 398 to the Texas Finance Code. Effective September 1, the statute establishes a regulatory framework for commercial sales-based financing and imposes specific compliance obligations on providers offering such products to Texas borrowers.
Continue Reading Texas Passes Legislation to Regulate Sales-Based Financing
On June 22, 2025, Texas Governor Greg Abbott signed into law House Bill 149, enacting the Texas Responsible Artificial Intelligence Governance Act (TRAIGA). The law establishes one of the nation’s most comprehensive state-level artificial intelligence regulatory frameworks. TRAIGA imposes disclosure, consent, and compliance requirements on developers, deployers, and governmental entities who use artificial intelligence systems (AI). The law is set to take effect on January 1, 2026.
Continue Reading Texas Enacts Sweeping AI Law: Disclosure, Consent, and Compliance Requirements Take Effect in 2026
On June 23, Oregon enacted SB 605, barring medical-debt information from appearing in consumer credit reports. The measure, which amends the Oregon Unlawful Trade Practices Act, takes effect January 1, 2026.
Continue Reading Oregon Prohibits Medical Debt in Credit Reports
On June 9, 2025, New York City Comptroller Brad Lander released a report urging City and State leaders to modernize consumer financial protections. The report outlines a series of legislative and regulatory recommendations aimed at closing gaps in existing protections and addressing emerging risks in the consumer financial marketplace.
Continue Reading NYC Comptroller Report Calls for Overhaul of State Consumer Financial Protections