CFPB Invokes Inactive Power To look at Nonbank Enterprises

CFPB Invokes Inactive Power To look at Nonbank Enterprises Brand new CFPB told you it does invoke “a typically vacant legal provision” to examine “nonbank financial businesses that perspective risks so you’re able to people.” An untouched part of the Dodd-Frank Operate regarding 2010 provides CFPB the authority to carry out “supervisory inspections” to review …

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