Civil Investigative Demands news and trends

CFPB Updates Policy For Civil Investigative Demands

April 24, 2019
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CFPB Updates Policy For Civil Investigative Demands

April 24, 2019
The Consumer Financial Protection Bureau (CFPB) has announced changes to policies on Civil Investigative Demands (CIDs), which are investigational subpoenas issued by the CFPB. The Consumer Financial Protection Act of 2010 authorizes the CFPB to issue CIDs when looking into potential violations of the law. As a result of the policy changes, CIDs will now provide […]