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Ben Olson Quoted in Law360 Article, "CFPB No-Action Letters May Be Small Comfort for Innovators"

Benjamin K. Olson

Ben Olson was quoted in Evan Weinberger's Law360 article, "CFPB No-Action Letters May Be Small Comfort for Innovators," on October 30, 2014. 

The parameters the CFPB built in to its no-action letter proposal likely would make it difficult for smaller firms to submit their potentially market-moving products for the CFPB’s go-ahead, said Benjamin K. Olson, counsel at Buckley Sandler LLP and former high-ranking CFPB official.

"You'll have to invest a lot of resources upfront in preparing the kind of submission the bureau is asking for," he said.

Click here to read the full article at Law360.com.