13 May 2025
⚖️CFPB Proposed Rule
Rules of Practice for Adjudication Proceedings; Rescission
Summary
The Consumer Financial Protection Bureau (Bureau) is proposing to rescind the amendments it adopted to the Rules of Practice for Adjudication Proceedings (Rules of Practice) on February 22, 2022, and March 29, 2023.
Agencies
- Consumer Financial Protection Bureau
Business Impact
$$ - Med
The proposed rule to rescind amendments to the Rules of Practice for Adjudication Proceedings affects compliance requirements for businesses involved in adjudication processes. It may alter the authority structuring and procedural requirements that businesses must navigate during legal proceedings, leading to implications for legal strategy and operational processes.