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Defining Larger Participants of the Consumer Reporting Market (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)

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eBook details

  • Title: Defining Larger Participants of the Consumer Reporting Market (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)
  • Author : The Law Library
  • Release Date : January 20, 2018
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 294 KB

Description

The Law Library presents the complete text of the Defining Larger Participants of the Consumer Reporting Market (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition).
Updated as of May 29, 2018

The Bureau of Consumer Financial Protection (Bureau) is publishing a final rule pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. That statute grants the Bureau authority to supervise certain nonbank covered persons for compliance with Federal consumer financial law and for other purposes. The Bureau has the authority to supervise nonbank covered persons of all sizes in the residential mortgage, private education lending, and payday lending markets. In addition, the Bureau has the authority to supervise nonbank “larger participant[s]” of markets for other consumer financial products or services, as the Bureau defines by rule. An initial rule to define such larger participants must be issued by July 21, 2012. The Bureau issues this final rule to define larger participants of a market for consumer reporting. The final rule thereby facilitates the supervision of nonbank covered persons active in that market.

This ebook contains:
- The complete text of the Defining Larger Participants of the Consumer Reporting Market (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure


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