Topic
Enforcement
987 published works
Consumer Finance Monitor
CFPB sends enforcement action “early warning” to for-profit postsecondary education provider
In a Form 8-K filed with the SEC on December 27, 2013, ITT Educational Services, Inc. disclosed that it has received a CFPB "early warning" letter stating that the CFPB's…
Consumer Finance Monitor
An explanation for our readers
In the past two weeks, there has been considerable press coverage of settlements announced by the CFPB in several enforcement cases. Since we strive to provide our blog readers with…
Consumer Finance Monitor
OIG issues report criticizing CFPB’s practice of bringing enforcement attorneys to exams
Effective this past November 1, the CFPB ended its controversial practice of having enforcement attorneys regularly participate in examinations of supervised entities. Since first learning of the CFPB’s practice, we…
Corporate & Financial Weekly Digest
SEC Announces Enforcement Results for 2013
By William M. Regan, Tenley Mochizuki
The Securities and Exchange Commission recently announced the results of its enforcement activities during fiscal year 2013. Most notably, the SEC disclosed that it filed 686 enforcement actions and recovered…
InsureReinsure
UK: The Financial Conduct Authority Announces its Policy for Publishing Information About Enforcement Warning Notices
The Financial Conduct Authority (FCA) has published its policy statement on ‘Publishing Information about Enforcement Warning Notices’; aimed at advancing its consumer protection and integrity objectives.
Securities Compliance Sentinel
SEC Exam and Enforcement Converging Into One?
There is concern over the increasing collaboration between the Securities and Exchange Commission’s Enforcement Division and Office of Compliance Inspections and Examinations. The SEC views this collaboration as efficient while…
Securities Law Prof Blog
Commissioner Piwowar Speaks at the Los Angeles County Bar Association Securities Regulation Seminar
On November 22, 2013, Commissioner Michael S. Piwowar spoke at the Los Angeles County Bar Association Securities Regulation Seminar in Los Angeles, California. His remarks focused on the SEC's enforcement and rulemaking…
Securities Compliance Sentinel
SEC RESTRUCTURING HAS LED TO MORE ENFORCEMENT
The SEC’s 2010 restructuring of its Enforcement Division has resulted in the agency taking on more complex cases with a new level of expertise. The SEC has hired specialists, including…
Consumer Finance Monitor
CFPB plans to continue targeting of individuals in enforcement actions
In a speech last week to the Reuters Washington Summit, Director Cordray is reported to have indicated that the CFPB is committed to pursuing individuals, and not just companies, when exercising…
Corporate and Securities Law
Record CFTC Fines in 2013