CFPB pitches choose-your-own disclosure
The CFPB has proposed the creation of a regulatory “sandbox” for testing and approving new approaches to financial product disclosures.
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A new report, released by Democrats on the Senate Banking Committee, details how they think Acting Director Mick Mulvaney “has undermined the Consumer Financial Protection Bureau’s mission to enforce consumer protections.”
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ArticleFormer startup CEO gets 7 years in prison for $175M fraud against JPMorgan Chase
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.