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27 Apr 2023, 3:30 am
Department of Justice’s Civil Rights Division Assistant Attorney General Kristen Clarke, Consumer Financial Protection Bureau Director Rohit Chopra, and Federal Trade Commission Chair Lina Khan released their joint statement outlining a commitment to enforce their respective laws and regulations to promote responsible innovation in automated systems. [read post]
23 Aug 2024, 6:00 am
The bureau “does not intend to seek penalties for violations of the rules addressed in the interpretive rule against any buy now, pay later lender while it is transitioning into compliance in a good faith and expeditious manner,” CFPB Director Rohit Chopra said in a blog post. [read post]
8 Feb 2021, 10:51 am
Uejio’s intention to make significant changes at the Bureau even before Rohit Chopra, President Biden’s nominee for CFPB Director, is confirmed by the Senate and sworn in. [read post]
4 Dec 2020, 10:01 am
However, in a dissenting statement, Commissioner Rohit Chopra disagreed with the settlement, which allows the defendants to “continue their careers in debt collection” while providing “almost no help whatsoever” to consumers. [read post]
17 Sep 2018, 2:18 pm
Specifically, in advance of the FTC hearings, Federal Trade Commissioner Rohit Chopra released his comments raising concerns about the use of non-compete agreements: Take, for example, restrictive noncompete clauses in employment contracts. [read post]
30 Oct 2020, 12:14 pm
In a separate statement, Commissioner Rohit Chopra said the agency’s analysis suggests the need for two key actions. [read post]
7 May 2018, 12:13 pm
New Chairman Joe Simons, a Republican, was joined by another Republican, Noah Phillips, along with two Democrats, Rebecca Slaughter and Rohit Chopra. [read post]
28 Dec 2022, 9:05 pm
Reining in Repeat Offenders September 26, 2022 In this series of essays, Rohit Chopra, the Director of the Consumer Financial Protection Bureau, drew on his 2022 Distinguished Lecture on Regulation at the University of Pennsylvania to argue that large institutions have repeatedly violated the law and past orders, and federal regulators should seek structural remedies that change businesses structures or alter their incentives. [read post]
18 Feb 2014, 5:08 am
Also included in the GAO’s report was a letter from CFPB Student Ombudsman Rohit Chopra describing the CFPB’s efforts to increase transparency. [read post]
7 Oct 2021, 11:02 am
The move closely follows recommendations proposed in a paper authored by Commissioner Rohit Chopra and Bureau of Consumer Protection Director Sam Levine, which we previously discussed here. [read post]
29 Mar 2020, 2:03 pm
Along with the public notice, in a separate statement, FTC Commissioner Rohit Chopra expressed concern over the prevalence of deceptive influencer marketing practices and advocated for a stronger enforcement position by the FTC. [read post]
4 Dec 2020, 5:34 am
” Commissioners Rohit Chopra and Rebecca Slaughter issued statements about the settlement in which they urged the FTC to more closely cooperate with the CFPB in debt collection enforcement actions. [read post]
26 Jul 2024, 9:04 am
CFPB Director Rohit Chopra stressed this fact in announcing the agency’s new initiative: The law enforcement community uncovers serious wrongdoing by financial firms through whistleblower tips. [read post]
27 Nov 2018, 1:22 pm
— Rohit Parekh (@rohitparekh71) November 26, 2018 After ditching the billable hour, invest in truly understanding what clients value by learning what clients do with the work and why that work matters for their business. [read post]
24 Sep 2021, 8:36 am
Departing Commissioner Rohit Chopra awaits Senate confirmation to become the director of the Consumer Financial Protection Bureau. [read post]
26 Oct 2021, 8:35 pm
It also crosses another alleged deceptive practice off the list laid out in the October 2020 paper authored by current Bureau Director Sam Levine and former FTC Commissioner Rohit Chopra, entitled The Case for Resurrecting the FTC Act’s Penalty Offense Authority. [read post]
7 Mar 2023, 9:05 pm
The CFPB intends its latest guidance to help both businesses and the families that they serve, according to CFPB Director Rohit Chopra. [read post]
1 Nov 2021, 10:48 am
The amendments were adopted along party lines, with the three Democratic Commissioners (who then included Rohit Chopra before his move to CFPB Director) voting in favor of the amendments and the two Republican Commissioners voting against the amendments (and issuing a joint dissent). [read post]
14 Jan 2021, 1:47 pm
” Additionally, while the proposed settlement was approved by all five FTC Commissioners, Commissioner Rohit Chopra issued a separate statement criticizing facial recognition technology and expressing support for a moratorium or restrictions on the use of such technology. [read post]
24 Jan 2023, 9:02 pm
“The proposed registry will help the CFPB, the law enforcement community, and the public limit the harms from repeat offenders,” said CFPB Director Rohit Chopra, “Often you have an entity that violates the law in one state and picks up and moves to someplace else. [read post]
