The Consumer Financial Protection Bureau (CFPB) has lost another civil investigative demand (CID) challenge.
This time, the Fifth Circuit Court of Appeals determined that a bureau CID was not specific enough to satisfy statutory requirements in a ruling overturning a lower court’s decision.
Read on for details in the CFPB’s case against The Source for Public Data, which was accused of violating the Fair Credit Reporting Act (FCRA) and other laws.
TO READ THE FULL STORY
Cover Story: