Finance & markets · 31/10/2012Updated: 10/17/2026 · 1 min read
Defining Larger Participants of the Consumer Debt Collection Market
The Bureau of Consumer Financial Protection (Bureau) has amended a regulation to define larger participants in the consumer debt collection market, allowing for better supervision of nonbank companies involved in debt collection. This change is part of the Bureau's authority granted by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Original source language: Federal Register — Consumer Financial Protection BureauOpen original release →