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 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 in consumer complaints.  This Monthly Report also highlights consumer complaints related to prepaid products and complaints from the Houston, Texas metro area. Prepaid Product Complaint Spotlight Prepaid products are […] 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

CFPB Finalizes Non-Binding “No-Action Letter” Policy

Banking, CFPB, Consumer Protection, Litigation On February 18, 2016, the Consumer Financial Protection Bureau (CFPB) finalized a policy that establishes a process for companies developing financial products to apply for a... Read more →

by   |   February 21, 2016