Financial Services Litigation Monitor
Perkins Coie's Financial Services Bulletin: CFPB and FTC Issue MOU Regarding Consumer Protection Enforcement Efforts
On February 2, 2012, Perkins Coie issued its weekly Financial Services Bulletin, including an article discussing the Memorandum of Understanding between the Federal Trade Commission and the Consumer Financial Protection Bureau regarding coordinated efforts to enforce consumer protection laws. Section 1024(c)(3) of the Dodd-Frank Act requires the CFPB and the FTC to work together to coordinate their enforcement activities and promote consistent regulatory treatment of consumer financial products and services.
Read the Perkins Coie Bulletin