In an effort to prevent deceptive conduct, the Consumer Financial Protection Bureau (CFPB) released Policy Statement on April 3rd, which, among other things, expands their definition of “abusive acts and practices.” As debates about how to comply with the CFPB’s new policy statement circulate, Keith Bradley and David Coats take to Law360 to give their expert analysis on the Policy Statement and the potential issues that companies may face in their efforts to comply.
Read more at: CFPB’s Hazy ‘Abuse’ Definition Creates Compliance Questions
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