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Bankowość centralna · 23/06/2011

Regulation B; Equal Credit Opportunity Rule Proposal

The Consumer Financial Protection Bureau (CFPB) will issue final rules to implement the Equal Credit Opportunity Act's (ECOA) Section 704B, requiring financial institutions to collect data on women- or minority-owned businesses and small businesses, while the Federal Reserve retains authority to exempt motor vehicle dealers until the final rules are issued.

Source: Federal Register — Federal ReserveOpen original release →