CFPB Wants Regulation Compliance Cost Info

What's Next In Payments®
3:05 PM EST March 26th, 2013

The Consumer Financial Protection Bureau has issued a blog post outlining their plan for gathering information on compliance costs. 

The CFPB is using its Research, Markets and Regulations team to “study the costs related to rules we inherited from other agencies,” the post reads. The CFPB says it wants to speak with banks across the country about deposit product services such as checking accounts and debit cards.

Read the full story here.

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