Tag Archives: Rulemaking

The California Department of Financial Protection and Innovation on Friday released draft text of a rulemaking related to the scope, annual report, and document retention requirements of the state’s Debt Collection Licensing Act. Comments on the proposal are due by August 29 and may be submitted electronically or in writing. …

The Consumer Financial Protection Bureau has issued a procedural rule to expand its supervision over nonbank entities that the regulator “has reasonable cause to determine pose risks to consumers” and is seeking comment on reviving the rule, which has been “dormant” and unused for a number of years. Initially invoked …

The Federal Communications Commission has proposed a rule that would explore ways to require wireless carriers to block illegal text messages, similar to what the agency has done to combat illegal robocalls. Robotexts have become more prevalent, especially as regulators and technology providers have taken steps to keep robocalls from …

Debt collectors that evict tenants will have to provide written notice to those individuals, alerting them to their rights under the Centers for Disease Control’s moratorium on evictions and will face prosecution by state attorneys general for violations of the Fair Debt Collection Practices Act or private lawsuits by the …

Members of the credit and collection industry are overwhelmingly optimistic about their prospects for 2019, even in spite of the fact that most in the industry expect the Consumer Financial Protection Bureau to issue a long-awaited proposed debt collection rule at some point this year, according to a survey conducted …

As the Bureau of Consumer Financial Protection (slowly) considers a rule governing debt collections, a right-leaning think-tank has published its recommendations for how the agency should approach its rulemaking process. [Editor’s Note: Speaking of the proposed debt collection rule — have you entered our pool yet? If you have entered, you …