The Consumer Financial Protection Bureau (CFPB) received 33 public comments from legal experts, financial professionals and consumer advocacy groups on its proposal to amend the bureau’s Rules of Practice for Adjudication Proceedings.
The bureau issued a Request for Information (RFI) Jan. 31 seeking to better understand the benefits and impacts of its use of administrative adjudications, and how its existing process can be improved.
Read on to find out what RESPRO and others say about which rules should be amended.
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