D. C. Circuit Court case

Consumer Financial Protection Bureau Vs. Accrediting Council for Independent Colleges and Schools.

Back ground Information: In the D. C. Circuit court case of consumer financial protection Bureau Vs. Accrediting council for independent colleges and schools. The court heard oral arguments for and against whether the consumer financial protection Bureau had satisfied the CFPA requirements that a civil investigative demand (CID must state the nature of the conduct constituting the alleged violation, which is under investigation and the provision of law applicable to such violation and (b) Whether the CID's use of the phrase unlawful acts or practices and reference to the CFPA and any other Federal Consumer financial Protection law was sufficiently specific to provide notice of how to conduct under investigation related to financial activity regulated by the CFPB. Did the CFPB exceed its statutory authority when it issued a CID to the Accrediting council for independent colleges and schools (ACICS)

1 Listen to the oral arguments before the D. C. circuit court case. (Using the link provided)Identify the arguments for and against whether the CFPB was required to describe the nature of the potentially unlawful conduct under investigation with greater specificity in a CID. Include a reference to legal statutory authority at issue in the case.

2 Describe the arguments for and against applying federal consumer financial law investigations associated with accrediting for-profit colleges.

3 Describe the strict constructionist legal theory argument and provide an opinion as to whether the court appears to support this theory in this case by analyzing the questions posited by the court during oral arguments. Support the answer with examples.

4 Identify and contrast the legal arguments of both parties regarding the extent of CFPB's authority to investigate whether a for-profit school has engaged in any unlawful acts relating to accrediting such schools.

List references and sources to compare to.

https://www.consumerfinancemonitor.com/2017/02/08/d-c-circuithears-oral-argument-on-cfpb-authority-to-issue-cid-to-college-accrediting-organization

https://www.cdc.uscourts.gov/recordings/recordings2017.nsf/96BA2A4BA641144D852580BB006433F0/$file/16-5174.mp3