As we begin to see the regulatory landscape shift significantly under the second Trump administration, banks and fintech companies are already exploring new pathways for innovation and market expansion.| www.ballardspahr.com
The Consumer Financial Protection Bureau issued its Final Rule on July 16 defining what constitutes a “larger participant” in the consumer reporting market. Beginning on September 30, 2012, larger participants will be subject to supervisory examination by the Bureau for compliance with federal consumer financial laws.| www.ballardspahr.com