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Could regulators have held Wells execs responsible?
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Banking
Wednesday, September 14, 2016
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The Consumer Financial Protection Bureau (CFPB) has not been shy about using its enforcement authority to hold executives accountable for consumer financial violations, as well as companies.
In the days after announcing a joint settlement against Wells Fargo, the CFPB has been criticized for not holding individuals or executives responsible in its enforcement action.
But could it have? Read on to see whether the bureau and other regulators had the authority to do more.
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