In March, we reported on New York City’s new Stopping Harassment and Intimidation and Ensuring Lawful Debt Collection Rule (the “SHIELD Rule”), which substantially expands the Department of Consumer and Worker Protection’s (“DCWP”) regulation of debt collection in New York City and goes beyond the federal Fair Debt Collection Practices Act (“FDCPA”) and Regulation F. … Continue Reading
SHIELD
New York City’s Consumer Protection Agenda Takes Center Stage — A Conversation with Commissioner Sam Levine
On April 23, we will release a timely and wide-ranging episode of the Consumer Finance Monitor Podcast featuring Sam Levine, Commissioner of the New York City Department of Consumer and Worker Protection (DCWP). In this episode, Commissioner Levine offers an inside look at how New York City is stepping up its consumer protection efforts at a moment of significant diminishment at the federal level, particularly the CFPB. … Continue Reading
New York City Adopts Sweeping SHIELD Debt Collection Rule: How It Differs from Prior DCWP Rules and CFPB Regulation F
As part of his campaign for election, New York City Mayor Zohran Mamdani vowed to make New York City more affordable. To that end and as part of his affordability initiative, he has issued Executive Orders 9 and 10 intended to crack down on “junk fees” and “subscription tricks and traps,” using the New York City Department of Consumer and Worker Protection (DCWP) to implement the initiative.… Continue Reading