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There may be no limit to CFPB’s UDAAP reach
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Case Law, Consumer Protection
Thursday, February 11, 2016
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Just in case you didn’t have enough to worry about, the Consumer Financial Protection Bureau recently asserted that there is no statute of limitations when it comes to bringing enforcement actions for conduct that violates the Dodd-Frank Act’s UDAAP (“unfair, deceptive or abusive acts or practices”) prohibition. Here’s what you need to know.
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