CFPB Enforcement May Pick Up As Agency Finds Its Legs

Law360, New York (July 31, 2012, 7:21 PM EDT) -- The Consumer Financial Protection Bureau has already made its presence felt through rulemaking and enforcement actions in its first year of operations, and with the watchdog agency highlighting ongoing investigations in a Monday report, companies should watch for a more aggressive stance moving forward, experts said.

In a report highlighting its activities from the first six months of 2012, the CFPB said its enforcement division was engaged in a number of investigations of violations of consumer financial protection laws, focusing on those that “cause the greatest...
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