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 CFPB

CFPB Announces First Ever Data Security Enforcement Action

Banking, CFPB, Consumer Protection On March 2, 2016, the Consumer Financial Protection Bureau (CFPB) announced its first data security related enforcement action against online payment systems company Dwolla, Inc. Dwolla, Inc., operates an online payment system that involves the collection and storage of consumers’ sensitive personal information, including names, addresses, dates of birth, telephone numbers, social security numbers, bank... Read more →

by   |   March 3, 2016

CFPB Releases Monthly Complaint Report for February 2016

Banking, CFPB, Consumer Protection, Litigation On March 1, 2016, the Consumer Financial Protection Bureau (CFPB) released its latest Monthly Complaint Report for February 2016, which provides an overview of three-month trends... Read more →

by   |   March 1, 2016

CFPB Takes Action Against Citibank, N.A., and Affiliates for Alleged Debt Collection Violations

Banking, CFPB, Consumer Protection, Litigation On February 23, 2015, the Consumer Financial Protection Bureau (CFPB) announced two separate enforcement actions against Citibank, N.A., its affiliates, and two debt collection... Read more →

by   |   February 24, 2016

CFPB Director Cordray Blasts Arbitration Clauses During Recent American Constitution Society Speech

Banking, CFPB, Consumer Protection, Litigation On February 18, 2016, Director Richard Cordray of the Consumer Financial Protection Bureau (CFPB) gave a speech at the American Constitution Society, in which he repeatedly... Read more →

by   |   February 21, 2016