Are CFPB Joint Enforcement Actions Here To Stay?

Law360, New York (November 20, 2012, 1:16 PM EST) -- A trend is being spotted in the enforcement activity of the Consumer Financial Protection Bureau. That is the vigorous cooperation as between the CFPB and other prudential bank regulators working together to protect consumers. This trend gives new life to the old adage that two is stronger than one, and a three- (or four- or five- for that matter) fold accord is not easily broken.

The trend also suggests a stronger and more fortified financial stability oversight body, one that no longer looks at safety and...
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