United States:
CFPB Requests Feedback On Public Reporting Of Consumer Complaints
07 March 2018
Morrison & Foerster LLP
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On March 1, 2018, the CFPB released its sixth Request for
Information as part of its initiative to reexamine the Bureau's
existing policies and procedures under Acting Director Mick
Mulvaney's leadership. This RFI addresses how the Bureau
analyzes and reports consumer complaint information. The RFI
requests feedback to assist the Bureau in "assessing potential
changes that can be implemented to the Bureau's public
reporting practices of consumer complaint information, consistent
with law," and solicits suggestions as to "whether any
changes to the practices would be appropriate."
Read our
client alert.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
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