No. 24-185
National Collegiate Master Student Loan Trust, et al. v. Consumer Financial Protection Bureau, et al.
Amici (2)
Experienced Counsel
Tags: administrative-law agency-enforcement constitutional-removal consumer-financial-protection securitization-trusts separation-of-powers
Latest Conference:
2024-12-13
Question Presented (from Petition)
1. When should an enforcement action that is initiated by an agency head unconstitutionally insulated from removal be dismissed to remedy that separation-of-powers violation?
2. Whether passive securitization vehicles used to acquire and pool consumer loans are "covered persons" because they "engage[] in offering or providing a consumer financial product or service" under the CFPA.
Question Presented (AI Summary)
Whether enforcement actions initiated by an unconstitutionally-appointed agency head should be dismissed and whether passive securitization vehicles qualify as 'covered persons' under the Consumer Financial Protection Act
Docket Entries
2024-12-16
Petition DENIED.
2024-11-26
DISTRIBUTED for Conference of 12/13/2024.
2024-11-26
Reply of petitioners National Collegiate Master Student Loan Trust, et al. filed. (Distributed)
2024-11-25
Waiver of the 14-day waiting period for the distribution of the petition pursuant to Rule 15.5 filed by petitioner.
2024-11-15
Brief of Federal Respondent in opposition filed.
2024-10-09
Motion to extend the time to file a response is granted and the time is further extended to and including November 15, 2024.
2024-10-07
Motion of Consumer Financial Protection Bureau, et al. for an extension of time submitted.
2024-10-07
Motion to extend the time to file a response from October 21, 2024 to November 15, 2024, submitted to The Clerk.
2024-09-19
Motion to extend the time to file a response is granted and the time is extended to and including October 21, 2024.
2024-09-19
Brief amicus curiae of Separation of Powers Clinic filed.
2024-09-19
Brief amici curiae of Securities Industry and Financial Markets Association, et al.
2024-09-19
Brief amici curiae of Securities Industry and Financial Markets Association, et al. filed.
2024-09-18
Motion to extend the time to file a response from September 19, 2024 to October 21, 2024, submitted to The Clerk.
2024-08-23
Rule 12.6 Letter of National Collegiate Master Student Loan Trust, et al. submitted.
2024-08-23
Letter submitted pursuant to Rule 12.6 from counsel for petitioners filed.
2024-08-16
Petition for a writ of certiorari filed. (Response due September 19, 2024)
Attorneys
Consumer Financial Protection Bureau, et al.
Elizabeth B. Prelogar — Solicitor General, Respondent
National Collegiate Master Student Loan Trust, et al.
Jonathan Yates Ellis — McGuireWoods LLP, Petitioner
Securities Industry and Financial Markets Association and Structured Finance Association
Separation of Powers Clinic