CFPB Digest – October 2012

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In this issue:

- What to Expect When You're Under a CFPB Investigation – Negotiating the Scope of the CID

- CFPB's Start-Up Style Is No Laughing Matter

- CFPB: August Roundup

- CFPB Exam Procedures for Consumer Reporting Companies

- Upcoming Events

An excerpt from "CFPB's Start-Up Style Is No Laughing Matter"

"What do The Daily Show, The Colbert Report, and the CFPB have in common?" asks Venable attorney Jonathan L. Pompan in a recent article at www.Venable.com/cfp /publications. While executives at the broad array of companies now subject to oversight by the agency may hope the answer is a sense of humor, Pompan, citing a recent Washington Post story, says the answer is that there is at least one Web designer who has worked at all three places. That designer is indicative of the unusual team of government employees at the CFPB.

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, General Business Updates, Consumer Protection Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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