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Financial Institutions › Financial Services Industry › Larger Participant

Morgan Lewis

CFPB Invites Comment on Larger Participant Thresholds

Morgan Lewis on

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

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 15: Bank-like Supervision for Big Tech? A Look at the CFPB’s “Larger Participant” Rule

Orrick, Herrington & Sutcliffe LLP on

The CFPB’s proposed rulemaking on digital wallets and payment apps would bring new regulatory supervision and compliance obligations to technology companies. RegFi co-hosts Jerry Buckley, Sasha Leonhardt, Sherry Safchuk and...more

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