Consumer Financial Protection Bureau Proposes Standardized Rule for Supervisory Designation
August 26, 2025
August 26, 2025
WASHINGTON, Aug. 26 (TNSFR) -- The Consumer Financial Protection Bureau is proposing a rule to establish a binding definition for "risks to consumers," a move that would provide clarity on how the agency designates certain nonbank financial institutions for supervision. This change would standardize the criteria for oversight, moving away from a case-by-case approach that has been used in the past.
The proposed rule defines a "risk to consumers" as conduct that p . . .
The proposed rule defines a "risk to consumers" as conduct that p . . .