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Entries tagged “consumer finance protection bureau”

Ten Questions: Case Studies for Professional Responsibility

insights Ten Questions:  Case Studies for Professional Responsibility John R. Mussman · April 26, 2018

On April 25, 2018, John Mussman provided a Professional Responsibility Continuing Legal Education Seminar to The Chicago Bar Association, Financial Institutions Committee.  With his former partner David Mann, Holland & Knight, Mr. Mussman presented 10 Case Studies elucidating issues that banking and other business lawyers may confront under the Illinois Rules of Professional Conduct in…

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D.C. Court of Appeals Upholds Constitutionality of CFPB Single-Director Structure

insights D.C. Court of Appeals Upholds Constitutionality of CFPB Single-Director Structure John R. Mussman · February 1, 2018

On January 31st, the D.C. Circuit ruled that the leadership structure for the Consumer Financial Protection Bureau established under the Dodd-Frank Act is consistent with the U.S. Constitution.  That the CFPB is headed by a single individual with a five-year term and can be fired only for cause does not impinge on the President’s executive…

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CFPB Director Cordray Announces Resignation

insights CFPB Director Cordray Announces Resignation John R. Mussman · November 15, 2017

Consumer Financial Protection Bureau Director Richard Cordray has announced his resignation.  Although not unexpected, his move may have far-reaching ramifications on the regulatory landscape in consumer finance and residential lending. You can read more here. John Mussman is a leading banking and financial services lawyer. He represents banks, mortgage lenders, and other financial services providers, focusing on banking and…

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