Remove category dodd-frank
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CFPB Director Chopra Announces Move Toward Open Banking Rule

Troutman Sanders

The proposed rules being considered, amongst other things, would: Require a defined subset of Dodd-Frank Act covered persons that are data providers to make consumer financial information available to a consumer or an authorized third-party.

Banks 52
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Credit Acceptance and National Trade Associations Challenge the CFPB and NY AG’s Attempt to Disregard TILA and Regulate the Indirect Auto Finance Industry Through Litigation

Troutman Sanders

We argue: (1) The complaint represents an end-run around the Dodd-Frank Act’s express exclusion of automobile dealerships from the CFPB’s rulemaking, enforcement, and supervisory authority. (2) 3) The complaint attempts to circumvent express limitations on disclosure-related liability for assignees of consumer credit contracts. (4)

Trade 52
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Public Comments on the CFPB’s Proposed Section 1033 Data Access Rule

Troutman Sanders

The proposed rules being considered, amongst other things, would: Require a defined subset of Dodd-Frank Act covered persons that are data providers to make consumer financial information available to a consumer or an authorized third-party. data without which it is impossible to provide such product or service).”

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CFPB Expansion Of States’ Enforcement Authority May Be Illegal

Collection Industry News

These concerns have been expressed through high-visibility statements that have included congressional testimony and speeches before trade associations and consumer advocacy groups—all of which have raised the alarm by financial intermediaries of the threat of imminent and severe federal enforcement actions. A Little History.

Retail 40