New research from University of Utah law professor Christopher L. Peterson was featured on Fox 13 and Univision on Tuesday.
Peterson’s research evaluates the agency’s performance and effectiveness as consumer financial civil law enforcement agency that is working to prevent harm — such as predatory lending and other fraudulent practices — from harming consumers. His analysis, Consumer Financial Protection Bureau Law Enforcement: An Empirical Review, draws upon pleadings, consent orders, settlement agreements, press releases and other public documents, to study every public enforcement action announced by the bureau through 2015 based on over 70 variables. Peterson examines whether the CFPB’s law enforcement program is making strides to protect Americans from the financial, mental health and physical harms associated with illegal consumer financial practices.
He spoke to the Utah State Bar about his findings on Tuesday as part of a CLE event.