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CFPB likely to punt data-sharing rule into 2023

The Consumer Financial Protection Bureau is more than a year away from issuing a proposal on consumers’ right to control the flow of their data between banks and third parties such as fintechs, according to people familiar with the bureau’s thinking. Many previously expected a plan to arrive this spring. ....

John Pitts , Rohit Chopra , Dan Quan , Consumer Financial Protection Bureau , Deposit Insurance Corp , Nevcaut Ventures , Director Rohit Chopra , Regulatory Flexibility Act , San Francisco Based , Federal Trade Commission , Federal Deposit Insurance Corp , Dodd Frank Act , Regulation And Compliance , Data Sharing , Ab Policy Amp Regulation ,

CFPB likely to punt data-sharing rule into 2023

The Consumer Financial Protection Bureau is more than a year away from issuing a proposal on consumers’ right to control the flow of their data between banks and third parties such as fintechs, according to people familiar with the bureau’s thinking. Many previously expected a plan to arrive this spring. ....

United States , John Pitts , Rohit Chopra , Dan Quan , Consumer Financial Protection Bureau , Deposit Insurance Corp , Nevcaut Ventures , Director Rohit Chopra , Regulatory Flexibility Act , San Francisco Based , Federal Trade Commission , Federal Deposit Insurance Corp , Dodd Frank Act , Regulation And Compliance , Data Sharing , Ab Policy Amp Regulation ,