CFPB Creates Registry to Help Law Enforcement Track ‘Corporate Repeat Offenders’

‘The registry will make tracking violations of orders easier, and stop serious harm before it spreads,’ CFPB director Rohit Chopra said.
CFPB Creates Registry to Help Law Enforcement Track ‘Corporate Repeat Offenders’
The Consumer Financial Protection Bureau building in Washington, on Oct. 31, 2023. Madalina Vasiliu/The Epoch Times
Aldgra Fredly
Updated:
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The Consumer Financial Protection Bureau (CFPB) said on Monday that it will create a new registry to assist law enforcement agencies in detecting companies that have violated consumer protection laws.

The CFPB said it has finalized a rule requiring “nonbank entities” to register with the bureau upon being found in violation of consumer law. This includes submitting final agency and court orders to the CFPB.