On May 21, CFPB rescinded of state official notification rules.
CFPB rescinded the regulations related to state notification codified at 12 CFR 1082.1
The direct final rulemaking removes and reserves 12 CFR 1082, state official notices.
Direct Final Rule
Rescinds the procedures by which a State official must issue a notification for when the official takes an action to enforce the Consumer Financial Protection Act.
Notification regulations deemed unnecessary as simply restating other requirements.
Effectiveness
Effective Jul. 21, 2025, unless significant adverse comment received by Jun. 20, 2025.