Financial Data Transparency Act Joint Data Standards Rule Proposed

On July 30, the National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation(FDIC), Federal Housing Finance Agency (FHFA), Commodity Futures Trading Commission, Securities and Exchange Commission (SEC), and Department of the Treasury invite public comment on a proposed rule to establish data standards to promote interoperability of financial regulatory data across these agencies. 

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