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 Consumer Protection

CFPB Speaks to Disclosure of its Confidential Supervisory Information

Banking, Consumer Protection The CFPB issued a compliance bulletin setting forth its views that, with limited exceptions, persons in possession of confidential information, including confidential supervisory information, or CSI, may not disclose such information to third parties. The bulletin: sets forth the definition of CSI; provides examples of CSI; highlights certain legal restrictions on the disclosure of CSI; and […] Read more →

by   |   January 29, 2015

CFPB logo

CFPB Addresses Medical Debt

Consumer Protection The CFPB released a report that found medical debt has a significant impact on consumer credit, as 43 million Americans have overdue medical debt on their credit reports. The CFPB... Read more →

by   |   December 14, 2014

SEC logo

SEC Settles with Bitcoin/Litecoin Exchange Operator

Broker-Dealer, Consumer Protection The SEC recently announced a settlement in connection with the operation of unregistered virtual-currency-based stock exchanges. The settlement is instructive as to how the SEC... Read more →

by   |   December 13, 2014

CFPB logo

CFPB Takes Action Against ‘Buy-Here, Pay-Here’ Auto Dealer

Banking, Consumer Protection, Litigation The CFPB took its first action against a “buy-here, pay-here” car dealer.   The CFPB alleged that the dealer, DriveTime, harmed consumers by making harassing debt collection... Read more →

by   |   November 20, 2014