Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission

AI Summary

The CFPB rescinds its rule establishing a registry of certain final public orders applicable to nonbank covered persons. This action affects the regulatory landscape for these entities but does not explicitly impact Texas credit unions.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities and only impacts nonbank covered persons generally.

Original Content

The CFPB is issuing a final rule to rescind its rule establishing a registry of certain final public orders applicable to certain nonbank covered persons.