Jeffrey Ehrlich

Jun 5, 2024 | jdsupra.com | Jeffrey Ehrlich |Jonathan Ellis |Brent McKnight

On June 3, 2024, the Consumer Financial Protection Bureau imposed a new set of regulatory obligations on nondepository consumer-financial companies that are currently subject to a court or administrative order enforcing a host of federal or state consumer-protection laws. The Bureau’s new rule creates a public registry of such orders dating back to January 1, 2017. It requires covered entities to submit the orders and information about them to populate the registry.