Starting today, companies which have questions over regulations under the purview of the Consumer Financial Protection Bureau (CFPB) can make a request for clarification.
The bureau announced it has launched a pilot advisory opinion program, in which covered entities may submit a request to the CFPB, and if the bureau chooses to respond, it will make the responses available to the public.
Read on for details of the program and who can, and cannot, make requests during the pilot.