Preparing For Enhanced Enforcement Under Calif. 'Mini-CFPB'

By Brett Watson and Michael Kraft (September 28, 2020, 5:20 PM EDT) -- On Aug. 31, the California Legislature passed A.B. 1864, the California Consumer Financial Protection Law.[1] The law, largely pulled from Dodd-Frank Act Title X, is designed to increase protections for consumers by forming a Consumer Financial Protection Bureau-like agency in California with expanded regulatory, oversight and enforcement authority....

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