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Financial Institutions Consumer Privacy Rights Proposed Rules

Orrick, Herrington & Sutcliffe LLP

CFPB proposes new rule to implement Section 1033 on consumer data rights

On August 22, the CFPB issued an advance notice of proposed rulemaking in the Federal Register seeking public comments and data to inform its decisions on implementing Section 1033 of the Dodd-Frank Act (the Personal...more

Ballard Spahr LLP

CFPB Issues Proposed Rule Offering Consumers Greater Access to and Control Over Their Financial Data

Ballard Spahr LLP on

On October 19, 2023, the Consumer Financial Protection Board (“CFPB”) released a proposed rule that, if enacted, would grant consumers greater access rights to the data their financial institutions hold. Under the proposed...more

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