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Regulatory Oversight Public Comment Consumer Financial Protection Bureau (CFPB)

Troutman Pepper Locke

The Reversals Continue: CFPB Proposes Rescission of Supervisory Designation Amendments

Troutman Pepper Locke on

On May 14, the Consumer Financial Protection Bureau (CFPB or Bureau) published a proposed rule to rescind amendments to its Procedures for Supervisory Designation Proceedings, originally adopted in 2022 and 2024. This...more

Perkins Coie

Fintech Week in Review - June 2021

Perkins Coie on

Federal Financial Regulators Extend Deadline for RFI on AI - On May 17, 2021, five financial regulatory agencies announced a deadline extension for the ongoing comment period on financial institutions’ use of AI from June...more

Womble Bond Dickinson

BCFP Proposal Would Expand “Sandbox” for Testing Innovative Disclosure Methods

Womble Bond Dickinson on

The Bureau of Consumer Financial Protection is seeking comments on proposed changes to its Trial Disclosure Program which provides a safe harbor for companies that want to test innovative new methods for making required...more

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