CFPB Reports Risky Practices in Newly Supervised Nonbank Markets

Orrick - Finance 20/20
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On May 22, the CFPB issued a report highlighting illegal actions uncovered by its supervision of the nonbank payday, debt collection and consumer reporting markets. These markets are being federally supervised for the first time under the CFPB’s authority granted under Dodd-Frank. Press Release.

 

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