Coping with CFPB Exams: The Top 'Dos and Don'ts' [VIDEO] | Auto Finance News | Auto Finance News

Coping with CFPB Exams: The Top ‘Dos and Don’ts’ [VIDEO]

servedA company’s legal representation should not be present during an exam from the Consumer Financial Protection Bureau, according to Richard Miller, director of compliance at Hyundai Capital America.

“There’s a different level of animosity that comes with having a separate legal counsel in that role as a participant in the exam. It definitely doesn’t run as smooth as it would without them,” Miller said at the Auto Finance Risk & Compliance Summit in May.

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