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Expert Analysis

Consumer Financial Protection Bureau: Open For Business

Law360, New York (August 9, 2011, 12:46 PM EDT) -- On July 21, 2011, the Bureau of Consumer Financial Protection (BCFP) began official business under the Consumer Financial Protection Act of 2010 (Title X of the Dodd-Frank Wall Street Reform and Protection Act). On that date, known as the designated transfer date, all consumer financial protection functions of the following federal regulators were transferred to the BCFP[1]:...

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