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ARTICLE · 15 MARCH 2021

Deeper Dive Into The CFPB Taskforce Report Recommendations And Q&A Session

Seyfarth Shaw LLP
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On January 5, 2021, the Consumer Financial Protection Bureau (CFPB) Taskforce on Federal Consumer Financial Law issued a nearly 900-page final report making extensive recommendations for legislative and regulatory reform.

United StatesFinance and Banking
Patrick Kennedy
Patrick Kennedy
James R. Billings-Kang
James R. Billings-Kang
Michael Jusczyk
Michael Jusczyk
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On January 5, 2021, the Consumer Financial Protection Bureau (CFPB) Taskforce on Federal Consumer Financial Law (Taskforce) issued a nearly 900-page final report (Report) making extensive recommendations for legislative and regulatory reform, enactment, and adoption of new initiatives in the financial marketplace. In proposing changes to the existing legal and regulatory framework, the Report is centered around five key principles: (1) consumer protection; (2) information and education; (3) competition and innovation; (4) regulatory modernization and flexibility; and (5) inclusion and access.

In the second installment of the Consumer Financial Services Litigation Webinar Series, Seyfarth attorneys will offer predictions on what financial services companies might expect from the CFPB in the months ahead as a result of the Taskforce Report. Specifically, Seyfarth attorneys will provide a deeper dive into the following:

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