Required Rulemaking on Personal Financial Data Rights

AI Summary

The CFPB has initiated required rulemaking under section 1033 of the CFPA to address personal financial data rights. This includes potential new rules and regulations that credit unions will need to comply with.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities. It is a general federal proposal applicable to all credit unions nationwide.

Original Content

CFPB Issues Required Rulemaking on Personal Financial Data Rights (CFPA section 1033).