Ad Law Access
CFPB Proposes New Rule on Privileged Information
The Consumer Financial Protection Bureau (CFPB) published a proposed rule today, clarifying that legally privileged information will retain its privilege even if submitted to the Bureau. The rule also provides that the…
FTC Issues Annual Financial Acts Enforcement Report to Federal Reserve
On February 10, 2012, the Federal Trade Commission issued its annual financial acts enforcement report to the Federal Reserve Board. The report highlights the Commission’s enforcement and compliance activity in 2011…
CFPB Requires Money Transfer Providers to Disclose Fees to Consumers
On January 20, the Consumer Financial Protection Bureau (CFPB) adopted a final rule regarding the disclosures that US consumers must receive when they transfer money to foreign countries. The rule generally requires…
Cordray Gets Recess Appointment to Head CFPB
President Obama has made a recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau ("CFPB"). The President had nominated Cordray as the Director in July, but Senate Republicans blocked…
CFPB Issues Three Interim Final Rules on Consumer Financial Protection Laws
The Consumer Financial Protection Bureau (CFPB) continues to flex its regulatory muscles under the Dodd-Frank Act. Last week the CFPB divested the Federal Trade Commission of its rulemaking authority from various…