What The Monetary Providers Trade Can Anticipate From State Attorneys Basic In A Biden Administration – Shopper Safety – United States

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What The Financial Services Industry Can Expect From State Attorneys General In A Biden Administration

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State attorneys general have become significant players in the
financial world, using a number of special investigative and
enforcement tools to investigate and prosecute alleged wrongdoing
by financial market participants. Coordinated and multistate action
by state attorneys general, which have increased in recent years,
is likely to continue, particularly in the consumer protection
space. And, financial market participants should expect ongoing
federal and state coordination under the new Biden administration,
particularly as the states and federal consumer protection agencies
like the CFPB and FTC take a revitalized view towards business
oversight and enforcement.

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