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Final Rules Dodd-Frank Wall Street Reform and Consumer Protection Act Automotive Industry

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Fifth Circuit Court of Appeals strikes down FTC CARS Rule

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The Fifth Circuit Court of Appeals has struck down the FTC’s controversial CARS Rule, saying that the commission violated its own procedural rules by failing to issue an Advance Notice of Proposed Rulemaking (“ANPRM”) before...more

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CFPB finalizes rule to supervise nonbank auto finance companies and releases auto finance examination procedures for banks and...

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The CFPB issued a final rule on June 10, 2015 allowing it to supervise nonbank companies that qualify as “larger participants of a market for automobile financing.” Relatedly, it adopted simultaneously a separate rule...more

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