Tag Archives: Consumer Financial Protection Bureau

Compliance matters – maybe now more than ever

Myril Shaw Dealer Profit Services

By Myril Shaw The Senate recently narrowly approved President Biden’s pick, Rohit Chopra, to run the Consumer Financial Protection Bureau. News outlets say the confirmation gives the bureau a director who is likely to embrace an aggressive “watchdog” role as a consumer advocate, and one who favors stiff penalties for bad actors such as predatory lenders. Like it or not, ...

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