CFPB proposes to issue final rule on annual civil penalty adjustments

The CFPB is proposing to issue a final rule on annual adjustments to the civil penalties within its jurisdiction.  Comments on the proposal must be received by November 13, 2018. In November 2016, the CFPB published an interim final rule (IFR) to create 12 C.F.R. Part 1083 which sets forth the penalty amounts as adjusted... Continue Reading…...(read more)

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