On May 7, the Consumer Financial Protection Bureau (CFPB) and the U.S. Attorney's Office for the Southern District of New York announced a joint law enforcement effort in the U.S. District of New York involving a debt-settlement business and its principals. This marks the first time that the U.S. Department of Justice (DOJ) has brought criminal charges arising from a CFPB investigation.
This webinar will demonstrate the significance of this joint enforcement effort and its implications:
- The CFPB will share information with federal criminal prosecutors;
- The DOJ will act on referrals that it receives from the CFPB;
- The CFPB and DOJ have prioritized collaboration; and
- The CFPB's invetigative fact finding may yield evidence for a criminal case brought by the DOJ.
Allyson B. Baker, Partner, Venable LLP
For information and registration, please click here.