Subscribe to the Privacy Headline RSS feed | Subscribe to the Privacy Headline feed via EmailBNA INSIGHTS: The New Consumer Financial Protection Bureau Needs a Privacy Office
August 9, 2010 in Privacy & Security Law Report · Leave a Comment
With the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a new Consumer Financial Protection Bureau (CFPB) will soon be established inside the Federal Reserve Board to “regulate the offering and provision of consumer financial products or services.” Title X of the new law, the Consumer Financial Protection Act of 2010, details the duties and powers of the new Bureau in 180 plus pages. While the Act is neither short nor simple, much still needs to be done to determine how the Bureau will be structured and how it will work…
