With the Consumer Financial Protection Bureau (CFPD) falling under increased scrutiny, it is important to note how the regulatory agency has striven to protect consumers since its creation six years ago. These are just some of the ways the CFPD may have had an impact on your wallet:
1. Responding to the Wells Fargo Account Scandal
The CFPD hit Wells Fargo ( WFC) with a $100 million fine after news of its account scandal broke.
2. Providing Protection Against Illegal Student Loan Collection
The CFPD punished Citibank ( C) for misleading servicing practices that harmed borrowers.
3. Launching "Know Before You Owe"
The series of campaigns strives to increase transparency among banks, credit cards and student loans.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.
Email
Email sent
Thank you, your email to has been sent successfully.
