The Consumer Financial Protection Bureau issued an interim final rule that establishes its procedures for conducting investigations. The rule specifies procedures for civil investigative demands (similar to subpoenas), written reports and answers to questions (similar to interrogatories), and investigational hearings (similar to depositions). The rule went into effect on July 28, 2011, and comments must be received by September 26, 2011. Click here for the rule.
Goodwin Procter LLP is one of the nation's leading law firms, with a team of 700 attorneys and offices in Boston, Los Angeles, New York, San Diego, San Francisco and Washington, D.C. The firm combines in-depth legal knowledge with practical business experience to deliver innovative solutions to complex legal problems. We provide litigation, corporate law and real estate services to clients ranging from start-up companies to Fortune 500 multinationals, with a focus on matters involving private equity, technology companies, real estate capital markets, financial services, intellectual property and products liability.
This article, which may be considered advertising under the ethical rules of certain jurisdictions, is provided with the understanding that it does not constitute the rendering of legal advice or other professional advice by Goodwin Procter LLP or its attorneys. © 2011 Goodwin Procter LLP. All rights reserved.
