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The CFPB will hold a symposium on the use of cost-benefit analysis in consumer financial protection regulation on July 29, 2020.  The event will be webcast on the Bureau’s website.

The CFPA requires the Bureau to consider “the potential benefits and costs to consumers and covered persons” of its proposed rules, “including the potential reduction of access by consumers to consumer financial products or services.” … Continue Reading

The CFPB announced that it will hold a symposium on consumer access to financial records and Section 1033 of the Dodd-Frank Act on February 26, 2020.  The event will be webcast on the Bureau’s website.

In November 2016, the CFPB issued a request for information (RFI) about market practices related to consumer access to financial information, and in October 2017, it released a set of “Consumer Protection Principles” for participants “in the developing market for services based on the consumer-authorized use of financial data.”… Continue Reading

The CFPB announced on Friday that it will hold a symposium on behavioral law and economics on September 19.  The symposium will be the second in the series announced by the Bureau in April 2019.  The first symposium, which was held on June 25, focused on the Dodd-Frank Act’s prohibition of abusive acts or practices, specifically the meaning of abusiveness.… Continue Reading

The CFPB has announced that it will hold a symposia series “exploring consumer protections in today’s dynamic financial services marketplace.”  Director Kraninger revealed the Bureau’s plans to hold the symposia series in her remarks yesterday to the Bipartisan Policy Council.

The announcement indicates that the series is intended to assist the Bureau in its policy development process, including possible future rulemakings. … Continue Reading