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CFPB Ask Justices To Hold Online Lender To $50M Judgment

By Daniel Ducassi (May 4, 2023, 9:41 PM EDT) -- The Consumer Financial Protection Bureau has urged the U.S. Supreme Court to pass up a defunct online payday lender's challenge to a $50 million in-house judgment, arguing that the proceeding complied with the standards set in the court's 2018 decision in Lucia v. U.S. Securities and Exchange Commission....

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