American Bankers Association
CFPBRulemakingCFPB-2021-0015

Small Business Lending Data Collection under the Equal Credit Opportunity Act

RIN
Last modified
Jun 20, 2024
Comment window
closed 1664d ago
American Bankers Association filings
2

Activity

American Bankers Association filed 2 comments on this docket between Nov 4, 2021 and Jan 6, 2022. 163 other organizations filed here. The comment window closed 1664d ago.

What American Bankers Association filed (2)

Jan 6, 2022· Comment from American Bankers Association· CFPB-2021-0015-1715

Filed on regulations.gov — full text not in the inline record.

Nov 4, 2021· Comment from American Bankers Association· CFPB-2021-0015-0109

Please find attached our letter requesting for an extension of the deadline to file comments.

Abstract

The Bureau of Consumer Financial Protection (Bureau) is publishing for public comment 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). Consistent with section 1071, the Bureau is proposing to 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. The Bureau’s proposal also addresses its approach to privacy interests and the publication of section 1071 data; shielding certain demographic data from underwriters and other persons; recordkeeping requirements; enforcement provisions; and the proposed rule’s effective and compliance dates.

View on regulations.gov →