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CFPB Rules Dominate Compliance Resources in 2013: Online Discovery Conference

Agency issued 3,365 pages of proposed rules in six weeks this summer, CUNA Mutual Group compliance expert tells virtual confab.

By Heather Anderson | Updated on October 10, 2012
Lauren Calhoun of CUNA Mutual Group prepares for the live question-and-answer portion of her joint session with CMG’s Bill Klewin (not pictured) at the Online Discovery Conference on Tuesday.

Credit union compliance staff will spend most of next year on new, proposed and final rules issued by the CFPB, CUNA Mutual Group’s Lauren Calhoun and Bill Klewin told their Online Discovery Conference audience late Tuesday. 

“This has been the most challenging regulatory environment we have ever had in my 30 years of experience with lending compliance. And it will continue to be one of the most challenging as we move forward,” said Klewin, director of regulatory compliance.

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