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Consumer Financial Protection Bureau (CFPB) › State Action Doctrine

Foley & Lardner LLP

Recent Settlements of Joint UDAAP Enforcement Between State and Federal Regulators

Foley & Lardner LLP on

The Dodd-Frank Act (“Dodd-Frank”) granted to state attorneys general and state regulators much of the Consumer Financial Protection Bureau’s (“CFPB”) UDAAP authority. In particular, Dodd-Frank gives state attorneys authority...more

K&L Gates LLP

State Enforcement of the Consumer Financial Protection Act: State Lawsuits Offer a Sign of What’s to Come

K&L Gates LLP on

At the end of 2014, the New York Department of Financial Services (“DFS”) became the first state regulator to settle a case using its authority to enforce the federal Consumer Financial Protection Act (“CFPA”). In Benjamin M....more

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