Webinar: Analyzing the CFPB’s new Small Business Data Collection Rule
Posted: Jun 8, 2023 | Author:
Cornerstone League
As a result of the California Reinvestment Coalition’s 2019 successful lawsuit, the Consumer Financial Protection Bureau was forced to implement dormant portions of the 2010 Dodd-Frank Act requiring lenders make certain details public about their small lending activity. The CFPB finally released rules on March 31, 2023.
These rules will require lenders who meet different small business lending thresholds to begin information collection on a staggered implementation over the next three years. Lenders with the greatest volume have a start date of Oct. 1, 2024, and smaller volume lenders have start dates in 2025 and 2026.
Join us for a special webinar, featuring attorney Franklin Drake, to address these details and nuances of these new rules.
Analyzing the CFPB’s new Small Business Data Collection rule
June 29, 2023
10–11:30 a.m. CT
Register Today
Note: Only members of the Compliance & Audit Council are eligible to register for this webinar. However, council membership is free for employees and volunteers of credit unions that belong to Cornerstone League.
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