David Long Jr.

David Long Jr.

Bradley Arant Boult Cummings LLP

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CFPB Issues Proposal Requiring Nonbank Institutions to Register and Report Violations of Consumer Protection Laws Issued by Other...

The Consumer Financial Protection Bureau (CFPB) issued a release on December 12, 2022, considering a proposed rule that would require nonbank financial institutions to register with the CFPB following a confirmed violation of...more

12/20/2022  /  CFPB Director , Consumer Protection Laws , Non-Bank Lenders , Proposed Rules , Regulatory Oversight

Banking Regulators Publish Proposed Rule to Update Community Reinvestment Act Regulations

On May 5, 2022, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively the agencies) issued a joint notice of proposed...more

5/6/2022  /  Banking Regulators , Community Reinvestment Act , Federal Reserve , Financial Institutions , Proposed Rules , Rulemaking Process
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