Jenner & Block

Client Alert: Consumer Financial Protection Bureau Issues New Guidance for “Responsible Business Conduct” in connection with Enforcement Actions

The Consumer Financial Protection Bureau (CFPB) recently issued guidance to corporations that are subject to the CFPB’s enforcement authority.  In this alert, Partner Anthony S. Barkow and Associate Marisa K. Perry discuss the four categories of conduct that could favorably affect the outcome of a CFPB investigation and offer key take-aways for companies interested in earning credit for cooperation during enforcement actions.