The CFPB Released the Interim Final Rule for Fair Debt Collection Practices Act Regulation F

Fair Debt Collection Practices Act Regulation F

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Interim final rule with request for public comment.

 

SUMMARY:

Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rulemaking authority for a number of consumer financial protection laws from seven Federal agencies to the Bureau of Consumer Financial Protection (Bureau) as of July 21, 2011. The Bureau is in the process of republishing the regulations implementing those laws with technical and conforming changes to reflect the transfer of authority and certain other changes made by the Dodd-Frank Act. In light of the transfer of the Federal Trade Commission's (Commission's) rulemaking authority for the Fair Debt Collection Practices Act (FDCPA) to the Bureau, the Bureau is publishing for public comment an interim final rule establishing a new Regulation F (Fair Debt Collection Practices Act). This interim final rule does not impose any new substantive obligations on persons subject to the existing regulations, previously published by the Commission.

 

DATES: This interim final rule is effective December 30, 2011. Comments must be received on or before February 14, 2012.

ADDRESSES: You may submit comments, identified by Docket No. CFPB-2011-0022 or RIN 3170-AA06, by any of the following methods:

 

 

For more information, see here:  https://www.federalregister.gov/documents/2011/12/16/2011-31733/fair-debt-collection-practices-act-regulation-f

 

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