The Consumer Financial Protection Bureau announced that, in most cases, it now plans to warn people or companies before filing an enforcement action against them, giving them a chance to respond to any allegations.

The “Early Warning Notice” is similar to processes at the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Federal Energy Regulatory Commission, which also give enforcement targets a heads-up.

“While the CFPB was clear that the process is discretionary, we hope that the Office of Enforcement will follow the SEC’s practice of sending the similar ‘Wells Notice’ in all but the most extraordinary of circumstances,” said Ballard Spahr attorney Daniel J.T. McKenna.