News & Analysis as of May 7, 2025

Restrictive Covenants

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CFPB's Proposed Rule Targets Consumer Financial Contracts

Venable LLP on 1/17/2025

The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses in consumer financial contracts. This proposal seeks to prohibit terms in...more

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Proposed Rules › Unfair or Deceptive Trade Practices › Restrictive Covenants

CFPB's Proposed Rule Targets Consumer Financial Contracts

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