CFPB Proposes New Rules on Personal Financial Data Access

On October 19, 2023, the Consumer Financial Protection Bureau (“CFPB”) released its Proposed Rule on Personal Financial Data Rights (“Proposed Rule”) issued under Section 1033 of the Consumer Financial Protection Act of 2010, for public comment.  The CFPB proposes to establish a framework for consumers that would allow them to authorize third-parties to safely collect […]

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