CRC to DFPI: Drop Personal Liability From Proposal

The Consumer Relations Consortium (CRC) has asked the California Department of Financial Protection and Innovation (DFPI) to remove language from the most recent iteration of its complaints and inquiries regulation to avoid creating personal liability for employees of covered entities. The CRC also suggested that to better serve consumers, the DFPI should allow electronic disclosures without an opt-in. 

The CRC's comments, prepared by Legal Advisory Board members John Bedard of Bedard Law Group and Jessica Klander of Bassford Remele asked the DFPI to modify its proposal as follows:

Remove the potential for personal liability