Background, Purpose, and Structure of the Proposed Rule -
On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) published a proposed rule, which aims "to prohibit certain contractual provisions in agreements...more
1/24/2025
/ Comment Period ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Contract Terms ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Proposed Rules ,
Regulatory Agenda ,
State Attorneys General ,
Unfair or Deceptive Trade Practices
On October 19, the Consumer Financial Protection Bureau (the "CFPB") proposed the long-anticipated "Personal Financial Data Rights Rule" (the "Proposed Rule"), which would govern access for consumers and data aggregators to...more