United States: CFPB Proposes Rule That Nonbanks Must Publicly Register With CFPB When They Use Certain Terms And Conditions In Form Contracts - Goodwin Procter LLP

On January 11, 2023 the Consumer Financial Protection Bureau (CFPB) proposed a rule ("Proposed Rule") that would require "most nonbanks subject to the Bureau's supervisory authority" to "register annually in [a] system"