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Industry continues evolving under CFPB jurisdiction
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Industry News, Regulatory Updates
Friday, July 31, 2015
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July marked the five-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act and four years since the Consumer Financial Protection Bureau opened its doors. At the time, the market was still reeling from the crash and figuring out what the market would look like in recovery.
All these years later, it’s safe to say that things look a lot different. Numerous new regulations are on the books, preparations are being made to implement others and the CFPB has made its mark on the industry.
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