Proposed Rule
8 Aug 2025
compliance, regulatory changes, market participants, consumer financial protection bureau, automobile financing
🚗CFPB Proposes Amendments for Larger Participants in Auto Financing
The Consumer Financial Protection Bureau (CFPB or Bureau) is seeking information to assist it in considering whether to propose a rule to amend the test to define larger participants in the automobile financing market established by the Bureau's Defining Larger Participants of the Automobile Financing Market and Defining Certain Automobile Leasing Activity as a Financial Product or Service Final Rule published on June 30, 2015 (Automobile Financing Larger Participant Rule).
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