Tag: Massachusetts

Capital and Risk, Insurance

GM Financial to Pay Massachusetts $1.8M Over Alleged Delays in GAP Insurance Refunds

March 9, 2022

Via: Insurance Journal

GM Financial, an automobile financing company, has agreed to pay more than $1.8 million to resolve allegations that the company’s business practices violated Massachusetts state consumer protection laws. Attorney General Maura Healey’s office alleged that Americredit Financial Services, Inc., d/b/a […]


Robinhood calls Massachusetts regulator “elitist” for trying to revoke its licence

April 19, 2021

Via: Banking Technology

In a blog post regarding the filing, Robinhood called the Massachusetts Securities Division – a state regulator designed to protect US investors – “elitist” and harbouring “an old way of thinking”. The ongoing feud between Robinhood and the Commonwealth traces […]