Another Court Rejects Rulemaking-by-Enforcement Action Attack on BCFP

On August 3, 2018, a federal district judge rejected the defendants’ motion to dismiss in Consumer Fin. Prot. Bureau v. Think Fin., LLC.  The motion, which was supported by a joint amicus curiae brief from The Native American Financial Services Association and the State of Oklahoma, asserted multiple grounds for dismissal, including: that the structure…

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