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Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Final Rule to Protect the FDIC Name and Logo from Bad Actors

https://www.consumerfinance.gov/about-us/newsroom/statement-of-cfpb-director-rohit-chopra-member-fdic-board-of-directors-on-the-final-rule-to-protect-the-fdic-name-and-logo-from-bad-actors/

...misrepresentations related to federal deposit insurance....misrepresentations related to federal deposit insurance. This may seem like a random issue...consumer funds benefit from FDIC insurance on a pass-through basis to leverage