The CFPB has announced that it will be holding an event about retirement planning with the Social Security Administration in Washington, D.C. on November 12, 2015. After remarks from Director Cordray and Acting Commissioner of Social Security, Carolyn W. Colvin, the event will feature an expert panel discussion about retirement planning.… Continue Reading
According to media reports, CFPB Director Cordray has indicated that the Bureau is considering whether it should take on a role in helping consumers manage their retirement investments and looking at its authority in this area.
The CFPB’s authority to deal with consumer investments is murky so we’re glad to see that Director Cordray appears to recognize the need for the CFPB to carefully examine its authority before moving into the investment arena. … Continue Reading