Compliance & Regulatory Updates

In Case You Missed It: A Conversation with NCUA’s Julie Cayse: Yesterday, we hosted a valuable discussion with Julie Cayse, NCUA Western Regional Director, in partnership with our Tristate colleagues from Montana and Wisconsin. 

CFPB Takes Steps to Limit State Attorney General and Regulator Authority: On May 15th, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule attempting to limit the authority of state attorneys general and financial institution regulators when it comes to enforcing federal consumer financial protection law.

Section 1033 Personal Financial Data Rights Rule Likely to be Struck Down by Month’s End: In late 2024, the Consumer Financial Protection Bureau (CFPB) finalized its personal financial data rights rule as required by Section 1033 of the Dodd-Frank Act.

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