With the July 11 announcement by Deputy Attorney General Rod Rosenstein of the new Department of Justice (DOJ) Task Force on Market Integrity and Consumer Fraud comes the obvious question: How will this task force affect the ongoing role of the Bureau of Consumer Financial Protection (CFPB); the Financial Crimes Enforcement Network (FinCen); a preexisting fraud task force; and the prudential regulators who do the same exact thing? We discuss this issue below.
via DOJ Fraud Task Force: What It Means for Financial Services – Manatt, Phelps & Phillips, LLP.
