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Home » Store » News » CFPB Proposes Disclosure Sandbox, and More Could Come

CFPB Proposes Disclosure Sandbox, and More Could Come

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The CFPB is creating a “disclosure sandbox” as its most recent step to encourage fintech innovation. Many are expecting the bureau to tackle the flawed no-action letter policy next. The CFPB recently published a revised policy for its trial disclosure program in the Federal Register. The new policy would streamline the application process, establish procedures for extending successful trial disclosure programs, and allow the CFPB to coordinate with sandbox ...
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