Regulatory: The Consumer Financial Protection Bureau is still hard at work

Don’t mistake relative silence for inactivity.

This column is part of a series of articles on the new Consumer Financial Protection Bureau and the upcoming wave of regulations affecting the consumer financial industry.

When Congress passed the Dodd-Frank Act more than a year ago, everyone in the financial services industry knew it was a game changer. Digesting the 1,200 pages of Dodd-Frank’s statutory language was daunting, but absorbing the 5,000 to 10,000 pages of new regulations that are expected to be spawned by Dodd-Frank—many of them likely directed at the consumer financial services industry—borders on overwhelming. 

author image

Martin Bishop

Martin J. Bishop is a partner, litigation department vice chairman and co-chair of the consumer financial services litigation practice at Foley & Lardner LLP. He...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.