CFPB Innovation 'Sandbox' Likely to Fuel State AG Enforcement | Auto Finance News | Auto Finance News

CFPB Innovation ‘Sandbox’ Likely to Fuel State AG Enforcement

Left: Robert Savoie, partner, McGlinchey Stafford; Right: Chris Willis, partner, Ballard Spahr LLP

SAN DIEGO — Companies that participate in the Consumer Financial Protection Bureau’s proposed innovation-focused “sandbox” rules to spur innovation may be penalized by state attorneys general, lawyers said at the Auto Finance Innovation Summit last week. The CFPB released proposals earlier this year meant to encourage innovation in the consumer financial services space by allowing […]

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