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CFPB Concerns About Section 1071 Regulatory Burdens on Small Banks

Published: November 3, 2021

After the Consumer Financial Protection Bureau CFPB issued their Notice of Proposed Rulemaking related to Dodd-Frank 1071, Rohit Chopra expressed his concern regarding the regulatory burden that the proposed rule would have on small banks.

Source: natlawreview.com

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Rohit ChopraConsumer Financial Protection BureauProposed RulemakingFinancial Institutions And BankingEction 1071 Regulatory BurdensOdd Frank Section 1071Ection 1071Ection 1071 Requirements