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 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’s First Public Enforcement Action of 2016 is Against Colorado Auto Sales Company

Banking, CFPB, Consumer Protection, Litigation On January 21, 2016, the Consumer Financial Protection Bureau (CFPB) announced an administrative enforcement action against Y King S Corp., d/b/a Herbies Auto Sales (Herbies), a... Read more →

by   |   January 21, 2016

GAO Report Addresses Impact of Dodd-Frank on Community Banks, Credit Unions and Systemically Important Institutions

Banking, Consumer Protection The Government Accountability Office, or GAO, has released an annual report required by the Dodd-Frank Act. GAO interviewed community banks, credit unions, and industry... Read more →

by   |   December 31, 2015