News & Analysis as of

Dodd-Frank Wall Street Reform and Consumer Protection Act Civil Penalty Fund

The Dodd-Frank Wall Street Reform and Consumer Protection Act is a United States federal statute signed into law on July 21, 2010. The Act was passed in response to the Great Recession of the late 2000s and... more +
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a United States federal statute signed into law on July 21, 2010. The Act was passed in response to the Great Recession of the late 2000s and includes broad reforms related to many aspects of the financial and banking industry. Notable sections of the Act include stricter regulations of the derivatives market, as well as the Volcker Rule, which restricts the trading practices of FDIC-insured institutions.    less -
Holland & Knight LLP

CFPB Launches Additional Rulemaking, Procedural and Administrative Changes

Holland & Knight LLP on

The CFPB has continued to announce additional procedural, rulemaking and administrative changes, with the latest being three postings to the Federal Register on June 18, 2025: 1) a final rule rescinding the Procedure Relating...more

Ballard Spahr LLP

FOIA Request Seeks Names of Organizations That Have Received Payments from CFPB’s Civil Penalty Fund

Ballard Spahr LLP on

Federal News Wire – a non-partisan news group focusing on the activities of federal agencies – has issued a Freedom of Information Act (“FOIA”) request to the Consumer Financial Protection Bureau, seeking a list of all...more

Ballard Spahr LLP

OIG issues report on CFPB civil penalty fund victim identification process

Ballard Spahr LLP on

The Office of Inspector General for the Fed and CFPB has issued a report on the results of its audit of the CFPB’s process for identifying victims eligible to receive compensation from the Consumer Financial Civil Penalty...more

Troutman Pepper

CFPB Using its Enforcement Powers Yet Again for UDAAP Violations, This Time Against PayPal

Troutman Pepper on

Even after the PayPal settlement, the definition of “abusive” remains as subjective and fact specific as ever. On May 19, PayPal agreed to a $25 million settlement with the Consumer Financial Protection Bureau (CFPB or...more

Ballard Spahr LLP

OIG updated work plan adds focus to information security, compensation, and distribution of civil penalty funds

Ballard Spahr LLP on

The most notable items added by the Office of Inspector General (OIG) to its work plan, updated as of July 7, 2014, are audits of the CFPB’s information security program, pay and compensation program, and distribution of...more

Ballard Spahr LLP

CFPB issues civil penalty fund final rule and proposes revisions

Ballard Spahr LLP on

Last Friday, the CFPB simultaneously issued a final rule to govern the administration of the Bureau’s Civil Penalty Fund (CPF) and proposed revisions to that rule. The final rule is effective immediately upon publication in...more

6 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide