What To Know About New CFPB Investigative Demand Policy
Law360 (June 11, 2019, 4:09 PM EDT) -- On April 23, 2019, the Consumer Financial Protection Bureau announced a policy change to its civil investigative demand, or CID, process to provide entities with more information about the nature of the bureau's investigations. The CFPB indicated that it will provide additional information in its CIDs about the potentially applicable provisions of law that may have been violated.
In addition, the bureau announced that, going forward, it will typically specify in its CIDs the business activities that are subject to its authority. The bureau also indicated that, in investigations where determining the extent of the bureau's authority over the relevant activity is...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!