On March 13, at the Financial Data Exchange Global Summit, CFPB Director Rohit Chopra delivered a keynote address that focused on “the role of standard setters and standard-setting” as the CFPB pushes towards finalizing is its proposed Personal Financial Data Rights Rule.
Continue Reading Setting the Standard: CFPB to Codify Attributes for Standard-Setters Before Finalizing Personal Financial Data Rights Rule
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5 Trends to Watch: 2024 Financial Services Litigation
By Paul Ferak & Michele L. Stocker on
- Increasing Regulatory and Enforcement Risk – As we enter an election year, and considering the government’s aggressive hiring, financial institutions can expect to see increased activity by federal and state
CFPB Issues ‘Fast Facts’ for Proposed Personal Financial Data Rights Rule
On Nov. 1, 2023, the Consumer Financial Protection Bureau (CFPB) issued a high-level overview of the topics covered in its proposed Personal Financial Data Rights rule: Fast Facts: Personal Financial…
Continue Reading CFPB Issues ‘Fast Facts’ for Proposed Personal Financial Data Rights RuleSmall Business Lenders: CFPB’s Anticipated Section 1071 Rule Would Impose New Data Collection, Reporting Obligations
By Timothy A. Butler, Matthew White & Tessa Cierny on
After years of rulemaking efforts, the Consumer Financial Protection Bureau (CFPB) may issue a final rule later this month that would require lenders to collect and report data on small…
Continue Reading Small Business Lenders: CFPB’s Anticipated Section 1071 Rule Would Impose New Data Collection, Reporting ObligationsSEC Convenes Fintech Forum
By Jonathan A. Beckham on
On Nov. 14, 2016, the Securities and Exchange Commission (SEC) hosted an all-day forum on FinTech ( Forum). The event highlighted the active role the SEC intends to take in…
Continue Reading SEC Convenes Fintech Forum