Consumer Financial Protection Bureau : Opportunity Exists to Improve Transparency of Civil Penalty Fund Activities
Consumer Financial Protection Bureau : Opportunity Exists to Improve Transparency of Civil Penalty Fund Activities
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Author(s): Clowers, A. Nicole
ISBN No.: 9781457856884
Pages: 39
Year: 201409
Format: Trade Paper
Price: $ 27.60
Dispatch delay: Dispatched between 7 to 15 days
Status: Available

The Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Bureau of Consumer Financial Protection, also known as the Consumer Financial Protection Bureau (CFPB) to, among other things, enforce federal consumer law through judicial and administrative actions which may result in the payment of civil penalties by parties that violate the law. This report examines how CFPB's Civil Penalty Fund (1) is administered and what controls are in place to guide the management of the fund; and (2) compares to other civil money penalty funds and activities administered by other federal agencies. Tables. This is a print on demand report.


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