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Consumer Financial Protection Bureau Names New Enforcement Chief

By Jeffrey Brown & Government Investigations Group on January 13, 2015
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The Consumer Financial Protection Bureau announced last week that Tony Alexis, the acting director of enforcement, will become the CFPB’s next director of enforcement. Alexis succeeds Kent Markus, the bureau’s enforcement chief since January 2012. Marcus, who has been on medical leave for over a year, is expected to return to work in February as a senior adviser to Steve Antonakes, the bureau’s deputy director.

Alexis joined the CFPB in 2012 from Mayer Brown. Alexis was a partner in the firm’s Washington, D.C., office from 2008-2012, where he focused his practice on complex commercial litigation and white collar matters. Before joining Mayer Brown, Alexis held a variety of positions in the federal government. He was an assistant U.S. attorney in the District of Columbia as well as a trial attorney in the Commercial Litigation Branch of the U.S. Department of Justice. Alexis becomes the CFPB’s third chief of enforcement since the bureau’s inception in 2010, with Richard Cordray being the first and Marks being the second. The number of enforcement actions brought by the CFPB has steadily increased since 2012, and McGuireWoods expects the trend to continue with the appointment of Alexis.

 

Photo of Jeffrey Brown Jeffrey Brown

Jeff has experience representing financial institutions, government contractors and other businesses at the trial and appellate level, in both state and federal courts, in single plaintiff and class action lawsuits. Jeff also practices in the area of complex commercial litigation, investigative work and…

Jeff has experience representing financial institutions, government contractors and other businesses at the trial and appellate level, in both state and federal courts, in single plaintiff and class action lawsuits. Jeff also practices in the area of complex commercial litigation, investigative work and employment law.

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Photo of Government Investigations Group Government Investigations Group

Government investigations and related enforcement actions and litigation can take many forms, but they have one element in common: They require seasoned counsel to help clients navigate these difficult situations when their businesses and reputations are on the line. McGuireWoods’ national Government Investigations…

Government investigations and related enforcement actions and litigation can take many forms, but they have one element in common: They require seasoned counsel to help clients navigate these difficult situations when their businesses and reputations are on the line. McGuireWoods’ national Government Investigations & White Collar Litigation Department has the experience and credibility clients have come to trust with their most sensitive matters.

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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Subject to Inquiry
  • Organization:
    McGuireWoods LLP
  • Article: View Original Source

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