CONSUMER FINANCIAL PROTECTION BUREAU ISSUES PROPOSED RULE: REGISTRY OF SUPERVISED NONBANKS THAT USE FORM CONTRACTS TO IMPOSE TERMS AND CONDITIONS THAT SEEK TO WAIVE OR LIMIT CONSUMER LEGAL PROTECTIONS; WITHDRAWAL OF PROPOSED RULE

WASHINGTON, Oct. 29 -- Consumer Financial Protection Bureau has issued a proposed rule called: Registry of Supervised Nonbanks That Use Form Contracts To Impose Terms and Conditions That Seek To Waive or Limit Consumer Legal Protections; Withdrawal of Proposed Rule.

The proposed rule was published in the Federal Register on Oct. 29 by Russell Vought, Acting Director, Consumer Financial Protection Bureau.

Summary: The Consumer Financial Protection Bureau (Bureau or CFPB) is withdrawing its Notice of Proposed Rule: Registry of Supervised Nonbanks That Use Form Contracts To Impose Terms and Conditions That Seek To Waive or Limit Consumer Legal Protections, published on February 1, 2023 (Proposed Rule), and is providing this notice of withdra...