Articles Posted in financial industry

Fair Lending Enforcement Roll-Backs at CFPB Could be Sign of Changing Times
Savage Villoch Law, PLLC

Could this be the beginning of the end of the Consumer Financial Protection Bureau as we know it? This month The Trump administration, through acting CFPB Director Mick Mulvaney, announced sizeable restrictions to CFPB’s enforcement and day-to-day oversight of the financial industry’s fair lending practices. The move comes shortly after Mulvaney was installed as Acting…

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Bad Actors: Tips for Spotting the Financial Industry’s Bad Apples
Savage Villoch Law, PLLC

We’ve all seen bad actors in movies and T.V., but did you know that bad actors can be found on Wall Street and other financial industry institutions? The Financial Industry Regulatory Authority (FINRA) recently released a statement outlining the need for checks-and-balances against bad actors. What are bad actors? FINRA defines a bad actor as…

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