CFPB stipulates to Sept. 30 deadline for issuing Section 1071 NPRM

July 19, 2021

Ballard Spahr LLP--Lori J. Sommerfield & John L. Culhane, Jr.

After a lawsuit alleging wrongful delay by the CFPB to adopt regulations implementing Section 1071 of the Dodd-Frank Act, the CFPB has agreed to issue a Notice of Proposed Rulemaking by September 30, 2021.

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