Comments due on Bureau CMP adjustments proposal
The Bureau of Consumer Financial Protection has published [83 FR 51653] a proposed rule that would amend its rule adjusting for inflation the maximum amount of each civil penalty within the Bureau's jurisdiction to specify that the adjusted civil monetary penalties only apply to assessments whose associated violations occurred on, or after, November 2, 2015 (the date the 2015 Inflation Adjustment Act amendments were signed into law). Comments are due by November 13, 2018.
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