CFPB Welcomes Whistleblower Tips
January 11, 2012 by Marcy
The CFPB welcomes, and expressly protects, whistleblowers who have information about possible violations of Federal consumer financial protection laws. Section 1057 of the Dodd-Frank Act protects employees and their representatives from retaliation for reporting on vendors, contractors, and competitors who may have violated these laws. A recent press release advises:
Knowledgeable sources with information about potential violations of Federal consumer financial laws may email their information to whistleblower@cfpb.gov. Informants alsohave the option of calling toll free to (855) 695-7974 and following the instructions tospeak to a CFPB employee. You may elect to provide information anonymously. However, providing your name and contact information may facilitate any subsequent investigation and successful remediation of illegal conduct. If you choose to disclose your identity and contact information to the Bureau, you may still request confidentiality. To the extent consistent with law enforcement needs, the Bureau will not disclose your identifying information and will maintain your confidentiality as permitted by federal laws such as the Privacy Act, the Freedom of Information Act and any applicable Bureau regulations.
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