Search for: "Consumer Financial Protection Bureau "
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29 Jul 2010, 6:02 pm
—The Bureau, by regulation, may prohibit or impose conditions or limitations on the use of an agreement between a covered person and a consumer for a consumer financial product or service providing for arbitration of any future dispute between the parties, if the Bureau finds that such a prohibition or imposition of conditions or limitations is in the public interest and for the protection of consumers. [read post]
29 Jul 2010, 12:41 pm
" Running for Senate may be a little much to ask of a person, but that is exactly why she should run the new Consumer Financial Protection Bureau. [read post]
28 Jul 2010, 1:31 pm
In an effort to combat predatory lending, Congress has created the Consumer Financial Protection Bureau. [read post]
28 Jul 2010, 5:21 am
Other big stuff is there but less applicable to our space: the “Volcker Rule” restricting banks’ proprietary trading, establishment of a Consumer Financial Protection Bureau to monitor things like mortgages and credit cards, and much greater oversight of the over-the-counter derivatives market. [read post]
27 Jul 2010, 4:01 pm
One thing is certain out of this: there will now be a much needed consumer financial protection agency -an agency designated to act as the consumer's watchdog. [read post]
27 Jul 2010, 11:33 am
(b) FURTHER AUTHORITY - The Bureau, by regulation, may prohibit or impose conditions or limitations on the use of an agreement between a covered person and a consumer for a consumer financial product or service providing for arbitration of any future dispute between the parties, if the Bureau finds that such a prohibition or imposition of conditions or limitations is in the public interest and for the protection of consumers. [read post]
27 Jul 2010, 6:00 am
The Act also: Modifies the existing provisions regarding liquidation of financial institutions and theSecurities Investor Protection Act,2 Reorganizes powers among various governmental agencies,3 Creates an office of national insurance4 and enacts improvements to regulation ofbank and savings association holding companies and depository institutions,5 Improves the regulation of credit rating agencies,6 asset backed securities,7 and municipal securities,8 Establishes the… [read post]
26 Jul 2010, 6:29 pm
See this. [read post]
26 Jul 2010, 3:54 pm
Indeed, Barr has been the true architect of the financial reform legislation within the administration and would bring to the job considerable government experience together with a scholarly background on consumer financial protection issues. [read post]
26 Jul 2010, 12:05 pm
The centerpiece of the Act is the creation of a new federal regulator, the Consumer Financial Protection Bureau (“CFPB”). [read post]
25 Jul 2010, 7:33 pm
Venable LLP partner Joe Lynyak's opinion piece in yesterday's American Banker (paid subscription required) concerning the new Consumer Financial Protection Bureau is a most diplomatic, carefully worded, yet cogent, piece of advice to whoever first takes the reins as the... [read post]
25 Jul 2010, 7:49 am
Elizabeth Warren is being proposed by some as the best choice to head the new Bureau of Consumer Financial Protection, as discussed here in a New York Times editorial, as well as here at a USA Today article. [read post]
24 Jul 2010, 7:00 am
There’s going to be a new Consumer Financial Protection Bureau to oversee anyone offering consumer financial services including mortgages, student loans and credit cards. [read post]
23 Jul 2010, 2:03 pm
The new law creates the Bureau of Consumer Financial Protection (BCFP) with sweeping powers to regulate in the consumer financial sector. [read post]
23 Jul 2010, 5:05 am
The sweeping reform legislation signed into law by President Obama on July 21 will establish an Ombuds programs for the Securities and Exchange Commission concerns and two programs within the new Consumer Financial Protection Bureau. [read post]
23 Jul 2010, 3:37 am
The Consumer Financial Protection Bureau was Elizabeth Warren’s idea. [read post]
22 Jul 2010, 1:28 pm
The Act also strengthened anti-retaliatory measures for workers who reveal fraud to commodities agencies and/or the SEC and who give info to the Bureau of Consumer Financial Protection (a new organization established by the law). [read post]
22 Jul 2010, 11:54 am
The new law creates new federal agencies including: Financial Stability Oversight Council, the Office of Financial Research, and the Bureau of Consumer Financial Protection. [read post]
22 Jul 2010, 10:00 am
Now she's a candidate for this big-time appointment as the Director of the New Consumer Financial Protection Bureau. [read post]
22 Jul 2010, 4:00 am
One sure-to-be-closely-watched study/rulemaking combination is called for by Sec. 1028, which requires the new Bureau of Consumer Financial Protection to conduct a study of, and provide a report to Congress concerning, the use of mandatory pre-dispute arbitration in consumer financial services. [read post]
