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JD Supra: Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 14 hours agoCFPB Director Rohit Chopra has released a statement about the proposal issued by the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and ...
A Symptom of a Broader Issue: Politics vs. Constitutional Law in 'CFPB v. CFSA' | Daily Business...
Law.com· 17 hours agoOn May 16, the U.S. Supreme Court released its opinion in CFPB v. Community Financial Services...
CFPB Issues Interpretive Rule Classifying BNPL Products as ‘Credit Cards’
The National Law Review· 4 days agoOn May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a significant Interpretive...
Where to Begin With the CFPB's "Buy Now, Pay Later" Interpretative Rule... | JD Supra
JD Supra· 4 days agoAlthough BNPL has conventionally been considered outside of Regulation Z's scope, the CFPB applies Regulation Z by characterizing digital ...
Harvard fellow: CFPB's 'buy now, pay later' regulation isn't enough — nothing 'substantively...
CNBC· 5 days agoThe Consumer Financial Protection Bureau declared in May that buy now, pay later customers should...
CFPB Applies Credit Card Rules to 'Buy Now, Pay Later' Lenders | JD Supra
JD Supra· 3 days agoGiven that traditional BNPL products do not involve a finance charge and are repayable in four or fewer installments, many provisions of Regulation Z do not apply to BNPL ...
CFPB Publishes Final Nonbank Registry Rule | JD Supra
JD Supra· 2 days agoOn June 3, the Consumer Financial Protection Bureau (CFPB) published a final rule to create a registry of nonbank companies that have entered into consent agreements or who ...
CFPB Supreme Court Decision Protects Consumer Protection Whistleblowers
The National Law Review· 3 days agoCongress created the CFPB in the wake of the 2008 financial crisis to unify the enforcement of 18...
CFPB issues warning on ‘fine-print tactics‘ used to ‘trick‘ consumers
HousingWire via Yahoo Finance· 4 days agoOn Tuesday, the CFPB released a circular warning companies that use "fine-print tactics to trick...
New CFPB Interpretive Rule to Regulate BNPL | JD Supra
JD Supra· 4 days agoThe Consumer Financial Protection Bureau (CFPB ) has issued an interpretive rule stating that Buy Now, Pay Later (BNPL) loan providers are "card issuers" under Subpart B of ...