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What to expect when you're under a CFPB investigation negotiating the scope of the CID

  • Venable LLP
  • -
  • USA
  • -
  • September 27 2012

The Consumer Financial Protection Bureau (“CFPB”) has investigations underway that span the full breadth of the Bureau’s enforcement authority over providers of financial products and services and their vendors

Tune up your credit counseling agency’s compliance system

  • Venable LLP
  • -
  • USA
  • -
  • July 9 2012

Credit counseling agencies operate in a dynamic environment influenced by challenges to profitability and survival, increased focus on outcomes to consumers, industry consolidation, advancing technology, and changes in laws and regulations

CFPB examinations: it would be the CFPB’s privilege to receive privileged information

  • Venable LLP
  • -
  • USA
  • -
  • July 3 2012

A number of entities supervised by the Consumer Financial Protection Bureau (“CFPB” or “Bureau”), lawyers and the American Bar Association have expressed concern that providing privileged information to Bureau supervisory personnel could waive the entities’ privilege with respect to third parties

Consumer Financial Protection Bureau opens whistleblower complaint hotline

  • Venable LLP
  • -
  • USA
  • -
  • December 27 2011

The Consumer Financial Protection Bureau (the "CFPB") recently went live with a telephone hotline and email address for tipsters and whistleblowers with information about potential violations of federal consumer financial laws, with an online tips portal to be launched early in 2012

Consumer Financial Protection Bureau opens for business: the implications for debt relief service providers and housing counseling agencies

  • Venable LLP
  • -
  • USA
  • -
  • July 21 2011

Today, the Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) opens for business

The Dodd-Frank Act and implications for nonprofit organizations

  • Venable LLP
  • -
  • USA
  • -
  • January 20 2011

In the midst of the worst U.S. financial crisis since the Great Depression that has captured the attention of lawmakers and the public over the last several years, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act” or the “Dodd-Frank Act”), which was signed into law on July 21, 2010