ABA Seeks Changes to CFPB Complaint Portal and Database

By | CFPB Monitor | April 14, 2015
ABA Seeks Changes to CFPB Complaint Portal and Database

Last month, the CFPB announced that it was adopting its controversial proposal to publicly disclose consumer complaint narratives in its consumer complaint database, and would give companies, within the company web portal, an opportunity to recommend which option, if any, from a “set list of structured company response options” it wanted to include as a public-facing response to a complaint. 

Ineffective Disclosure

By | The Securities Edge | April 13, 2015
Ineffective Disclosure

On Sunday, April 12, the Business section of the New York Times led with an article by Gretchen Morgenson taking the SEC to task for not having adopted rules requiring disclosure of CEO pay ratios.