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Expert Analysis

A Stern Warning To CFPB On Supervising Practices

Law360, New York (April 24, 2014, 2:29 PM EDT) -- In response to a series of complaints lodged by financial institutions supervised by the Consumer Financial Protection Bureau, the Officer of Inspector General conducted a months-long investigation into the CFPB's supervision program, which focused on three specific areas relating to operational efficiency and the effectiveness of the bureau's supervisory program, which in turn generated eight areas of concern requiring improvement....

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