For those that missed the story this morning, Mayor Rahm Emanuel of Chicago "will call on state and federal agencies to regulate business to business lenders. Emanuel said cash advance companies have accelerated their marketing efforts in recent months, resulting in small businesses taking loans they cannot afford." Emanuel is a former White House Chief of Staff.

And on that note, the Law Office of Pepper Hamilton is hosting a lunch at their office in NYC on Tuesday January 27th to discuss the merchant's cash advance industry's long term future. If you are an ISO or funder and interested in sharing your thoughts and attending, send me a private message.