A Case For the CFPB: Streamlined ATM Regulations

By  |  February 27, 2012
 | 

Maria Blow, an assistant director with the Consumer Financial Protection Bureau, argued last week that new CFPB oversight might actually reduce regulations in some cases.

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    In an interview with ATM Marketplace, a trade publication, Blow says adding a new regulatory group could help eliminate old laws that have since been duplicated.

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    “There’s kind of this notion that law gets written and very little gets un-written. And we have the opportunity to streamline here. Where is there overlap? Where is there unnecessary duplication?” she asked in her conversation with ATM Marketplace. “Put us in a position to do that streamlining effectively.”

    Later this week, Blow will speak at the ATM Industry Association’s 13th annual conference and expo in San Antonio. Her conversation with ATM Marketplace is available online.


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