On the recordApril 26, 2022
There are Federal regulators such as the SEC and the CFPB that have a practice of allowing corporate bad actors to enter into settlements and pay a fine without ever admitting wrongdoing.
Source
congress.govRitchie Torres: “There are Federal regulators such as the SEC and the CFPB that have a practice of allowing corporate bad actors to enter…”
Editor's note · Context
Torres criticizes regulators for allowing settlements without admissions of guilt.
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