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Expert Analysis

CFPB In Focus: Navigating Investigational Hearings

Law360, New York (April 23, 2014, 1:31 PM EDT) -- The Consumer Financial Protection Bureau has been actively engaged in investigations of banks and nonbanks since it was established nearly three years ago. To further its mission "to ensure that consumer financial markets actually work for people," the bureau has stated that it will use "strong and vigilant enforcement" to "root out unfair, deceptive, or abusive acts or practices in connection with consumer financial products or services." The recent proliferation of public enforcement actions demonstrates that the CFPB is putting words into action....

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