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RESPRO Applauds CFPB Policy Change Regarding Bureau Civil Investigative Demands

Tuesday, April 23, 2019   (0 Comments)
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RESPRO® Applauds CFPB Policy Change Regarding Bureau Civil Investigative Demands

 

RESPRO® applauds this action taken by the Consumer Financial Protection Bureau (CFPB) regarding policy change of Civil Investigative Demands (CIDs). "The CFPB is following our suggestion in our April 25, 2018, comment letter on CIDs to make them more narrowly tailored to actual potential violations, more transparent, and less fishing expeditions," said President Ken Trepeta. "This is a positive development and Director Kraninger and her staff should be commended."

 

CLICK HERE for the CFPB's news release.

 

CLICK HERE for RESPRO's Comment Letter.



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