What’s wrong with the Consumer Financial Protection Bureau’s enforcement practices? High on the list of likely industry complaints is the agency’s practice of setting expectations for an entire marketplace by negotiating settlements with just one or two companies.

That’s just one of the responses expected to the CFPB’s Feb. 7 request for information (RFI) on the “efficiency and effectiveness” of its enforcement program.

The notice is the third in three weeks as the Trump-led bureau conducts a top-to-bottom self-examination under acting Director Mick Mulvaney. The CFPB has already asked for input on civil investigative demands and administrative adjudications.

“This anticipated RFI seems like it’s going to be pretty broad, which I think the industry will be happy about because they can comment on anything and everything they have issue with,” James Kim, who is of counsel at Ballard Spahr, told Bloomberg Law before the Feb. 7 notice.

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