Michael Ross

Michael Ross

Jenner & Block

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Client Alert: The CFPB’s New “Open Banking” Rule: Consumers and Competition Expected to Win Once Policies and Procedures Ironed...

Last week, the Consumer Financial Protection Bureau issued its long-awaited proposed rule to implement Section 1033 of the 2010 Consumer Financial Protection Act, which has come to be known as the “open banking” provision...more

10/23/2023  /  Banking Sector , Banks , Comment Period , Consumer Financial Protection Act (CFPA) , Data-Sharing , Financial Institutions , FinTech , Personal Data , Policies and Procedures , Proposed Rules
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