The End of Section 1071 as We Know It: CFPB to Reopen Rulemaking
By EsqSocial Corporation 09/04/25
In a recent filing in the U.S. District Court for the Southern District of Florida, the Consumer Financial Protection Bureau (CFPB) disclosed that its new leadership has directed staff to initiate a fresh rulemaking process for the small business lending data collection rule required under Section 1071 of the Dodd-Frank Act (1071 Rule)....
By: Stinson LLP