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CFPB clarifies role, bolsters state actions
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Consumer Protection, Dodd-Frank Basics
Monday, June 6, 2022
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The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule which describes states’ authority to engage in enforcement of consumer financial protection laws.
The interpretive rule clarifies what the CFPB sees as the role of states’ attorneys general and state regulators in enforcing the Consumer Financial Protection Act and related CFPB rules.
Read on for more details.
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