December 7, 2010 – Elizabeth Warren wants your data, and if you're counting on cover in the fact that Republicans will take over the House in January, or that the Consumer Financial Protection Bureau is targeted at large banks, you may be taken by surprise.
"[Small banks may] think you're safe from the CFPB, but you're not," says a banking regulatory attorney who declined to be identified because of a regulatory action he's working on. "I can easily see the CFPB riding shotgun on FDIC exam, on a 'sampling' basis.'"
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access