Notice 31 Jul 2025 compliance, federal reserve, fair credit reporting act, financial institutions, regulation v

šŸ“„Proposed Extension of Regulation V’s Recordkeeping Requirements

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Recordkeeping and Disclosure Requirements Associated with the Consumer Financial Protection Bureau's (CFPB) and the Board's Regulations V (FR V; OMB No. 7100-0308).

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Proposed Rule 15 May 2025 consumer rights, regulation v, data broker practices, consumer financial protection bureau, compliance

āŒCFPB Withdraws Proposed Rule on Data Broker Practices

The Consumer Financial Protection Bureau (Bureau or CFPB) is withdrawing its Notice of Proposed Rule: Protecting Americans from Harmful Data Broker Practices (Regulation V) (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.

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