Proposed Rule 15 May 2025 regulation, cfpb, consumer finance, legal compliance, contractual terms

📜CFPB Withdraws Proposed Rule on Consumer Financial Agreements

The Consumer Financial Protection Bureau (Bureau or CFPB) is withdrawing its Notice of Proposed Rule: Prohibited Terms and Conditions in Agreements for Consumer Financial Products or Services (Regulation AA) (NPRM). The Bureau has determined that legislative rulemaking is not necessary or appropriate at this time to address the subject matter of the NPRM. The Bureau will not take any further action on the NPRM.

Learn More