The CFPB issued its second in a series of Requests for Information on January 31, 2018; this one dealing with administrative adjudications. In the associated press release, the Bureau explained that it “is seeking to better understand the benefits and impacts of its use of administrative adjudications, and how its existing process may be improved.”
The CFPB is currently issuing a series of RFIs to “ensure the Bureau is fulfilling its proper and appropriate functions to best protect consumers.”
Read our client alert.