Understanding CFPB’s Examination, Investigation, and Enforcement Authority

Instituted by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), the Consumer Financial Protection Bureau (CFPB) is responsible for ensuring compliance with federal consumer protection laws and regulations related to consumer financial products and services. Access this practice note for a general overview of the CFPB’s powers, supervisory authority, and examination process as well as insight into relevant enforcement actions that may inform practitioners’ regulatory strategy.

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