Palmer Quamme

Palmer Quamme

Cooley LLP

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CFPB Reconsiders Section 1033 Rule Signaling Potential Overhaul of Personal Financial Data Rights Framework

On August 22, 2025, the Consumer Financial Protection Bureau (CFPB) published an advance notice of proposed rulemaking (ANPR) seeking public comment on four substantive aspects of its Section 1033 rulemaking under the...more

8/28/2025  /  Advanced Notice of Proposed Rulemaking (ANPRM) , Consumer Financial Protection Bureau (CFPB) , Data Privacy , Data Security , Dodd-Frank , Fees , FinTech , Open Banking , Proposed Rules , Regulatory Reform

NYDFS Proposes Limits on Overdraft and NSF Fees

On January 22, 2025, the New York State Department of Financial Services (NYDFS) announced proposed regulations that would limit fees associated with overdrafts, nonsufficient funds (NSF) transactions and returned deposit...more

2/7/2025  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Fees , Financial Institutions , Financial Services Industry , NYDFS , Overdraft Fees , Proposed Rules
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