Why another law firm newsletter? Over ten years ago, Will Stern answered that question in the first Editor's Note of the first Financial Services Report. Some things have changed since then—we no longer print and mail paper copies, and we report on issues that were not even a twinkle in anyone's eye back then (the CFPB, Mobile Payments, and TCPA come to mind). Other things, though, have not changed. Will explained in the first issue that our goal was to help companies "stay ahead of the summons," by providing "pithy summaries and occasional humor, with an eye toward what it all means." That remains our goal.

Through it all, Will has been our fearless leader, urging us to focus on the big picture and to use as few words as possible to explain what happened, who should care, and why. Under his leadership, the Report has gained readers every year. It also won the Burton Award, which recognizes excellence in modern legal writing.

And now for something completely different, Will has handed off the Editor-in-Chief reins. We salute him.  We will miss him.  As he'd expect, though, read on for the latest on privacy, mortgage, and the goings-on in Washington, D.C., as well as preemption, arbitration, and TCPA decisions.

Read our newsletter.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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