[Audio] Understanding the CFPB’s Rules for Risk-Based Nonbank Supervision — The Consumer Finance Podcast

In this episode of The Consumer Finance Podcast, Chris Willis discusses the latest adjustments the Consumer Financial Protection Bureau (CFPB) made to its guidelines for designating nonbanks topic to supervision as a result of potential dangers to customers. Willis gives a background on this authority granted to the CFPB by the Dodd-Frank Act and discusses the CFPB’s elevated use of this authority lately. He additionally delves into the implications of the CFPB’s up to date guidelines, emphasizing the necessity for…
By: Troutman Pepper

HI-FI News

by way of JD Supra RSS Feed | JD Supra Law News https://ift.tt/wH2EyFT

May 16, 2024 at 04:49PM