Tuesday, February 21, 2012

NAFCU Compliance Blog: Finding the CFPB's Regulations

Dodd-Frank transferred authority for the "enumerated consumer laws" to the CFPB on July 21, 2011. In late December, the CFPB officially republished the regulations that implemented these "enumerated consumer laws" in its own section of the Electronic Code of Federal Regulations.For credit unions, this means we need to use the CFPB's regulations for our research and our citations. For example, the correct citation for Regulation Z is now 12 C.F.R. 1026 and not 12 C.F.R. 226.

NAFCU Compliance Blog: Finding the CFPB's Regulations

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