Sullivan & Cromwell Discusses CFPB’s Focus on Tech Companies and Personal Finance Data
Reynolds Holding
AUGUST 17, 2022
First, the CFPB issued an interpretive rule explaining the CFPB’s view that many digital marketing providers may be “service providers” subject to the CFPB’s supervisory authority under the Consumer Financial Protection Act (“CFPA”), including its authority to address unfair, deceptive, or abusive acts or practices (“UDAAP”).
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