InfoBytes, March 11, 2011 - Weekly In-depth review of news & developments in the financial services industry


Topics In This Issue

• Federal Issues

• Courts

• Firm News

• Miscellany

• Mortgages

• Banking

• Consumer Finance

• Litigation

• Criminal Enforcement Action

Excerpt from "Federal Issues"

CFPB Issues Notice and Request for Comments Regarding the Intake of Consumer Complaints. On March 9, the Consumer Financial Protection Bureau (CFPB) implementation team published a request for comments regarding the intake of consumer complaints by the agency. Specifically, the CFPB implementation team seeks public comment on the following issues: (i) whether the intake of complaints, questions, and other information relating to consumer financial products and services is necessary for the proper performance of the Bureau, and whether such information, once collected, will have practical uses, (ii) whether the agency’s estimate of its burden with respect to information collection is accurate, (iii) methods for enhancing the quality, usefulness, and clarity of the information to be collected, (iv) methods for minimizing the reporting and/or record keeping burdens on respondents, including the use of automated collection techniques or other forms of information technology, (v) estimates of start-up costs of operation, maintenance, and purchase of services to provide information, and (vi) the specific types of information that would be useful for the CFPB to collect through its intake forms. The period for public comment closes May 9, 2011.

Please see full newsletter below for more information

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

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.

© BuckleySandler LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


BuckleySandler attorneys are among the leading financial services law practitioners in the country... View Profile »

Follow BuckleySandler LLP :

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.