Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Banking

CFPB and DOJ Continue Aggressive and Controversial Enforcement Efforts Against Indirect Auto Lenders with Enforcement Action Against Toyota Motor Credit Corporation

Banking, CFPB, Consumer Protection, Litigation On February 2, 2016, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) announced a joint enforcement action against indirect auto lender Toyota Motor Credit Corporation (Toyota Motor Credit) for alleged discriminatory lending practices in violation of the Equal Credit Opportunity Act (ECOA). The CFPB and DOJ allege that Toyota Motor Credit […] Read more →

by   |   February 2, 2016

House of Representatives Issues Part II of Report Criticizing CFPB’s Auto Lending Enforcement Efforts

Banking, CFPB, Consumer Protection, Litigation On January 20, 2016, Republican members of the House of Representatives’ Financial Services Committee issued a report titled Unsafe at Any Bureaucracy, Part II: How the Bureau... Read more →

by   |   February 1, 2016

CFPB Releases Monthly Complaint Report for December 2015 and Highlights New York Metro Area Complaints

Banking, CFPB, Litigation On January 28, 2016, the Consumer Financial Protection Bureau (CFPB) released its latest Monthly Complaint Report for December 2015, which provides an overview of three-month... Read more →

by   |   January 31, 2016

Federal Reserve Logo

Regulators Change Bank Audit Committee Duties as Audit Season Begins

Banking The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued an advisory to indicate... Read more →

by   |   January 22, 2016