CFPB Offers Clues on Diversity Programs

diversity

Ethics and compliance professionals looking for guidance about how to develop diversity efforts might want to visit the Consumer Financial Protection Bureau. The CFPB just published a report reviewing diversity efforts at financial firms and how the agency will assess those efforts in the future.  Financial regulators are obligated to assess the diversity policies and…

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CFPB Warns on ‘Revolving Door’ Misconduct

cfpb

Some interesting news for any compliance professionals who recently worked at the Consumer Financial Protection Bureau: the agency’s new director is warning current employees to be more cautious about talking with former employees and to watch for “revolving door misconduct.”  The message came from Rohit Chopra, the CFPB’s decidedly enforcement-minded director, who took office last…

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