Are Our Processes Appropriate, Asks CFPB In New Request For Information

WASHINGTON—The Consumer Financial Protection Bureau has announced a Request for Information (RFI) about the Bureau’s Civil Investigative Demands (CIDs) processes.

The CFPB is asking if any changes to the processes are appropriate.

“This RFI will provide an opportunity for the public to submit feedback and suggest ways to improve outcomes for both consumers and covered entities,” the Bureau stated in a release.

The CFPB will begin accepting comments once the RFI is printed in the Federal Register.

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