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Financial Institutions Consumer Financial Protection Bureau (CFPB) Non-Disclosure Agreement

Troutman Pepper

Regulators Prowl for Financial Firms That Wield NDAs to ‘Muzzle’ Whistleblowers

Troutman Pepper on

In a note to clients, the law firm Troutman Pepper Hamilton Sanders said that, while the legislation bars employers from taking actions that “discriminate against” whistleblowers, it’s a leap for the agency to interpret the...more

Troutman Pepper

CFPB Tries to Stretch Section 1057 of the CFPA to Reach Nondisclosure Agreements

Troutman Pepper on

This week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued Circular 2024-04 warning financial institutions about the potential illegality of nondisclosure agreements (NDAs) that could deter whistleblowing....more

McGuireWoods LLP

CFPB’s Position on Confidential Supervisory Information

McGuireWoods LLP on

Is your financial institution or company subject to the Consumer Financial Protection Bureau’s (CFPB) supervision? If so, take note of a recent bulletin warning supervised entities – both banks and non-banks – about the...more

Morrison & Foerster LLP

A Friendly Reminder from CFPB on Confidential Supervisory Information

On January 27, 2015, the Consumer Financial Protection Bureau (“CFPB”) issued a Compliance Bulletin 2015-1 (the “Bulletin”) reminding supervised financial institutions about regulatory requirements surrounding Confidential...more

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