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Consumer Financial Services Watch News and developments related to consumer financial products and services

Tag Archives: Federal Reserve

Federal Reserve Staff Offer UDAP Guidance

Posted in Other Federal Agencies & GSEs, UDAAP

By: Soyong Cho , David I. Monteiro

On Tuesday, March 5, senior staff with the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of San Francisco presented a webinar on the prohibitions on unfair and deceptive practices under the Dodd-Frank Act and the Federal Trade Commission Act, and presented a number of case studies and compliance pointers, based on the Federal Reserve’s own enforcement and investigatory matters.