Section 1013(g)(1) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”) requires the Bureau of Consumer Financial Protection (“Bureau” or “CFPB”) to facilitate the financial literacy of individuals aged 62 or older (“seniors”), on protection from unfair, deceptive, and abusive practices and on current and future financial choices, including through dissemination of materials on such topics.Show citation box
In furtherance of this mandate, the CFPB's Office for the Financial Protection of Older Americans (“Office for Older Americans”) seeks information on consumer financial products and services, financial literacy efforts, and fraudulent or deceptive practices impacting the lives of older Americans and their families.
Comment Due Date: August 20, 2012
You may submit comments, identified by Docket No. CFPB-2012-0018, by any of the following methods:
http://www.regulations.gov. Follow the instructions for submitting comments.
Mail/Hand Delivery/Courier: Monica Jackson, Office of the Executive Secretary, Consumer Financial Protection Bureau, 1700 G Street NW., Washington, DC 20552.
Source:
Request for Information Regarding Senior Financial Exploitation
5 comments:
I hope all victims of guardianship and conservatorship abuse respond to the CFPB's request but at the same time, I question if the CFPB is really seeking information on senior financial exploitation or if they're just taking the public's temperature.
Thank you, NASGA, for publishing this information on the CFPB's request for information on senior financial exploitation. I will participate.
Yes, thanks NASGA!
Unfair, deceptive and abusive....hmmmmmmm, sounds like guardianship!
What? They're looking for information about financial exploition of Seniors? Does that mean the CFPB's currently in the dark?
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