CFPB Further Extends Small Business Lending Data Collection Rule Compliance Dates and First Filing Deadlines


The Consumer Financial Protection Bureau (CFPB) has further extended the compliance dates and first filing deadlines for, and made other revisions to, its final small business lending data collection rule. The CFPB issued this data collection rule on March 30, 2023 as required by Section 1071 as mandated by the amendment of the Equal Credit Opportunity Act (ECOA) effected by Section 1071 of the Dodd-Frank-Act of the Dodd-Frank Act.

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