More news on: Faculty News, Prof. Amy Schmitz

Professor Schmitz Writes About the Need for Transparency at the Consumer Financial Protection Bureau

June 13th, 2018

Professor Amy J. Schmitz joined forces with consumer law expert Prof. Pamela Foohey of Indiana University Maurer School of Law to voice need for transparency and preservation of the Consumer Financial Protection Bureau (CFPB)’s public consumer complaints database.

The op ed in Law360, “Hiding Complaints About Wall St. Benefits Mulvaney Donors,” explains how publicly releasing information about consumer complaints is essential to the CFPB’s primary purpose of ensuring that “markets for financial products and services are fair, transparent, and competitive.”

Professors Schmitz and Foohey also joined with Professor Angela Littwin from University of Texas School of Law to serve as primary drafters of a response that was submitted to the CFPB last week (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3190797).

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