Comments Due to NAFCU: CFPB - Inherited Regulations
NAFCU would like to highlight the following:
- The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred the "consumer financial protection functions" previously vested in other federal agencies, which are contained in title X and subtitles F and H of the Dodd-Frank Act.
- The Bureau is using this RFI to seek public input regarding the substance of these inherited regulations and whether it should issue additional rules.
- The Bureau is not seeking comment in this RFI on its rulemaking processes, implementation initiatives that occur after the issuance of a final rule, or the "adopted regulations."
Comments due to NAFCU: June 8, 2018
NAFCU will send comments on behalf of its members to the NCUA by their deadline (June 25, 2018).