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CFPB Amends Rules Governing Adjudication Proceedings

The CFPB finalized amendments to its Rules of Practice for Adjudication Proceedings. The changes include (i) allowing parties to conduct depositions of potential witnesses and (ii) allowing for bifurcation of cases with court approval.

Primary Sources

  1. CFPB Final Rule: Rules of Practice for Adjudication Proceedings
  2. CFPB Blog Post: CFPB finalizes update to administrative enforcement proceedings

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Tags

Regulated Activities
Enforcement Procedures
Regulated Entities
Regulatory Agencies
Body of Law
Banking Law
Jurisdiction
US - Federal
Organization
US Banking Regulators
Sub-Author
CFPB