The CFPA excludes from the Bureau of Consumer Financial Protection's authority the activities of all but which of the following?
A) Auto dealers
B) Check cashing businesses
C) Real estate brokers
D) Employee benefit plans

Question

Quizplus · Accepted Answer

The Bureau of Consumer Financial Protection, as established by the Consumer Financial Protection Act (CFPA), does not have authority over auto dealers, real estate brokers, and employee benefit plans, but it does have authority over check cashing businesses. These businesses are involved in financial activities that are directly related to consumer finance, which falls under the Bureau's purview.

The CFPA Excludes from the Bureau of Consumer Financial Protection's