One tidbit in the CFPB’s latest semi-annual report to Congress reveals that the bureau plans to “propose additional rules to further define the scope of the bureau’s nonbank supervision.” On July 3, 2013, the CFPB issued a final rule establishing procedures to implement Dodd-Frank Act Section 1024(a)(1)(C). “Under this rule, the bureau may bring under its supervisory authority certain nonbanks the bureau has reasonable cause to determine are or have engaged in activities posing risks to consumers in connection with the...