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TFM Law
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General Information
Locality: Los Angeles, California
Phone: +1 213-233-2273
Website: tfmlaw.com/
Likes: 80
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![Your merchant contract protects you from seizure of your reserves, right? Not necessarily. Reserves are now fair game for seizure by receivers in FTC cases. The standard reserves and security clauses present in most merchant agreements are vulnerable to attack, and may be ineffective to protect acquiring banks and processors’ valuable interest in these funds. Here's what you need to know. #FTC #payments #paymentprocessing #processing #reserves #merchants #contract #MOBE #assets #merchantreserves #merchantcontract https://tfmlaw.com/2019/03/07/contract-doesnt-protect/](https://scontent.fadd1-1.fna.fbcdn.net/v/t1.6435-9/53290983_2167421720043743_6739729961545891840_n.jpg?_nc_cat=111&ccb=1-7&_nc_sid=36a2c1&_nc_ohc=c71H6lHm5RwAX8F6lqD&_nc_ht=scontent.fadd1-1.fna&oh=00_AT-OjNpATLWA4767cqzqNUlRQpYO7nmMfc3lewbE1okQAg&oe=62B32978)
Your merchant contract protects you from seizure of your reserves, right? Not necessarily. Reserves are now fair game for seizure by receivers in FTC cases. The standard reserves and security clauses present in most merchant agreements are vulnerable to attack, and may be ineffective to protect acquiring banks and processors’ valuable interest in these funds. Here's what you need to know. #FTC #payments #paymentprocessing #processing #reserves #merchants #contract #MOBE #assets #merchantreserves #merchantcontract https://tfmlaw.com/2019/03/07/contract-doesnt-protect/
Should merchants be allowed to impose a surcharge for credit card use? Or offer a clearly posted discount for using cash? It depends who you ask. The card brands and merchants have been battling over this issue for decades -- and even the Supreme Court has weighed in. Surcharging bans on the state level are on their way out. In light of SCOTUS’s First Amendment ruling, merchants are challenging other state laws. Here's why. #surcharges #creditcards #cardbrands #merchants #paymentprocessing #processing #credit #SCOTUS #supremecourt #payment
Card processors steer clear of CBD companies. Banks give hemp businesses a wide berth. Why? How can you fight back? https://tfmlaw.com//whys-it-so-fing-hard-to-get-credit-ca/ #hemp #CBD #legalize #CBDoil #DEA #FDA #creditcards #cardprocessing #processing
In part 2 of our series we examine the tax implications and volatility of crypto exchanges.
"Genius pills" -- a.k.a. nootropics -- are a big hit with consumers. Is the U.S. government a fan, too? The FDA recently took negative action against a huge product category, but it isn't all bad news. Read on to learn find out what the future legal landscape looks like for this red-hot industry. #fda #scheduleddrugs #drugs #nootropics #smartpills #braindrugs #thinkingdrugs #brainpills #geniuspills #thinkingpills #legal #piracetam #supplements #pills #brain #thinking #cognition #nootropic #trump #DEA #ecommerce
Will CBD be legal? Check out our post analyzing the latest developments in the closely-watched HIA v. DEA lawsuit: https://tfmlaw.com/2018/02/21/cbd-legal/ #CBD #marijuana #weed #hemp #mmj #hia #DEA #hash #legalize #legal #court #lawsuit #ninthcircuit #appeal #9thcircuit #judge
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