Finance & markets · 30/06/2015Updated: 10/17/2026 · 1 min read

CFPB Amends Regulation to Define Larger Participants in Automobile Financing Market

The Bureau of Consumer Financial Protection (CFPB) has amended its regulation to define larger participants in the automobile financing market, including grants of credit, refinancings, and leases, in an effort to supervise nonbank covered persons for compliance with federal consumer financial law.