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Comments due: CFPB (proposed rule; small-business loan data collection)

January 6

The Consumer Financial Protection Bureau invites comments from the public on a proposed rule amending Regulation B to implement changes to the Equal Credit Opportunity Act (ECOA) made by section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). the proposed rule would require covered financial institutions to collect and report to the bureau data on applications for credit for small businesses, including those that are owned by women or minorities.

Reg lookup: Small Business Lending Data Collection Under the Equal Credit Opportunity Act (Regulation B)

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January 6
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