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Consumer financial protection bureau proposes definition of "larger participants" subject to oversight

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • March 29 2012

As previously noted in Gardere's Jan. 18 Corporate Alert, the Consumer Financial Protection Bureau ("CFPB") recently expanded its supervisory authority over traditional banking institutions to also encompass nonbanks that offer consumer financial products and services