CFPB Barred, for Now, From Naming Company Under Investigation
A financial company tries to keep its name secret during CFPB enforcement proceedings.
By C. Ryan Barber |
Updated on February 19, 2017
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Another financial-sector company is fighting to keep its name secret as it challenges the power of the CFPB to bring an enforcement action.
The company—identified only as “John Doe” in Washington federal trial court—offers pension advance products that allow consumers to receive a lump sum payment in exchange for a portion, or all, of their future pension.
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