This law firm publication by Troutman Pepper Locke discusses an emergency notice filed and other statements made by the Consumer Financial Protection Bureau (CFPB) in the appeal before the US Court of Appeals for the Fifth Circuit of the decision of the US District Court for the Southern District of Texas upholding the small business lending data collection rule the CFPB issued as required by Section 1071 of the Dodd-Frank Act.
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Troutman Pepper Locke: CFPB Files “Emergency Notice” in 1071 Final Rule Case and Does Not Oppose Stay of the 1071 Rule; Agency Also Seeking a “Pause” in Other Litigation
