Proposed Rule
14 May 2025
law enforcement, consumer financial protection, consumer protection, financial services, intergovernmental relations, credit, reporting and recordkeeping requirements, nonbank, trade practices, regulation, compliance, administrative practice and procedure
📉CFPB Proposes Rescission of Nonbank Registry Rule
The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to rescind its rule requiring certain types of nonbank covered persons subject to certain final public orders obtained or issued by a government agency in connection with the offering or provision of a consumer financial product or service to report the existence of the orders and related information to a Bureau registry.
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