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Rescission Dodd-Frank Wall Street Reform and Consumer Protection Act Consumer Financial Products

Holland & Knight LLP

CFPB Continues Efforts to Rescind Multiple Biden-Era Rules

Holland & Knight LLP on

The CFPB has withdrawn its 1) Fair Credit Reporting Act (FCRA)/Regulation V Proposed Rule (Data Broker Rule), 2) Prohibited Terms and Conditions in Agreements for Consumer Financial Products or Services (Regulation AA)...more

Alston & Bird

Parsing the CFPB’s Recent Rescission of Its Abusiveness Policy Statement

Alston & Bird on

In another about-face after the change in the White House, the Consumer Financial Protection Bureau has reversed a year-old rule that came out of the Dodd–Frank Act. Our Financial Services & Products Group interprets the...more

Goodwin

CFPB Rescinds Short-Lived Guidance on Dodd-Frank’s Abusiveness Standard

Goodwin on

On March 11, 2021, the Consumer Financial Protection Bureau (CFPB) announced that it is rescinding its January 2020 policy statement (the 2020 Policy) providing guidance into its enforcement of the “abusiveness” standard...more

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