Author Archives: Jeff Sovern

Paper on State AGs and Federalist Technology Regulation

Matthew Gaske of Indiana University – Kelley School of Business has written State Attorneys General and Federalist Technology Regulation. Here’s the abstract: Consumers are adopting novel technologies at increasing rates. These technologies’ versatility requires policymakers to weigh regulatory tradeoffs of increasing complexity. New laws addressing consumer-technology risks are slow to emerge, incoherent, or avoidable. Meanwhile, federal […]

Call for presentations for teaching consumer law conference

The UC Berkeley Center for Consumer Law & Economic Justice and the Alexander Blewett III School of Law at the University of Montana are proud to present the fourteenth biennial international Teaching Consumer Law Conference. We are also excited to announce that this conference will constitute the first-ever North American (and Caribbean/Central American) Regional Meeting of the […]

Times editorial board accuses FTC of using UDAP law to regulate news media editorial judgment

Here. Excerpt: The F.T.C.’s chairman, Andrew Ferguson, appears to be testing a novel theory: that editorial judgment can be regulated as a deceptive trade practice. In this view, a news organization’s slogan — such as “fair and balanced” or “without fear or favor” — is no longer a statement of mission but a marketing claim […]

Hypocrisy on the CFPB

As we have reported in the past, the Dodd-Frank Act requires that the CFPB’s director “shall appear before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services and the Committee on Energy and Commerce of the House of Representatives at semi-annual hearings.” But it appears that Acting Director […]

Fed study on how usury limits affects who gets loans

Rajashri Chakrabarti of the Federal Reserve Bank of New York, Daniel Garcia of the Columbia Business School, Donald P. Morgan, also of the NY Fed, and Lee Seltzer of the NY Fed have written Less for You, More for Me: Credit Reallocation and Rationing Under Usury Limits. Here’s the abstract: Many states have capped consumer […]

Important interview with the authors of Debt’s Grip

Here, at Ballard Spahr’s Consumer Financial Law Monitor podcast. The authors are Pamela Foohey of Georgia, Robert M. Lawless of Illinois College of Law and Deborah Thorne, Professor of Sociology at the University of Idaho, and the book is about who seeks bankruptcy and what drives them to do so. Warning: you will order the […]

Study of the effectiveness of legal remedies for coerced debt

Angela Littwin of Texas, Adrienne Adams of Michigan State University, and Angie Kennedy, also of Michigan State have written Ineffective Relief for Coerced Debt: The Failure of Divorce and Debtor-Creditor Law to Address Debt Created by Domestic Violence. Here’s the abstract: Coerced debt occurs when the abusive partner in a relationship characterized by domestic violence (DV) […]