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CFPB Invites Comment on Larger Participant Thresholds

The Consumer Financial Protection Bureau has issued advance notices of proposed rulemaking seeking public comment on whether to revise the thresholds that define “larger participants” in key consumer financial industries....more

CFPB Revokes Guidance in Sweeping Rollback of Agency Policies and Priorities

In a sweeping announcement, the Consumer Financial Protection Bureau (CFPB) revoked nearly 70 interpretive rules, advisory opinions, and guidance documents on May 12, 2025. The Federal Register Notice adds to the pullback on...more

CFPB Warns of FCRA Implications Associated with the Use of Workplace Tracking Technology

On October 24, 2024, the federal Consumer Financial Protection Bureau (CFPB) published a circular articulating its position that the Fair Credit Reporting Act (FCRA) applies to entities that offer workplace tracking...more

Earned Wage Access: New California Regulations Underline Patchwork Approach to Industry

By approving a framework regulating earned wage access (EWA), California contributes to a state-by-state patchwork of EWA regulation. With the future of federal action uncertain, EWA providers will have to navigate this...more

CFPB Issues Final Rule on Personal Financial Data Rights

Almost exactly a year after issuing a Notice of Proposed Rulemaking (NPRM) on Personal Financial Data rights, on October 22, 2024 the Consumer Financial Protection Bureau (CFPB) issued its final Rule under Section 1033 of the...more

CFPB Portal for State and Local Orders Opens: Risks Remain

The Consumer Financial Protection Bureau (CFPB) recently promulgated a final rule requiring certain nonbank financial companies to register public orders issued by federal, state, or local agencies that contain prospective...more

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