United States:
The Future Of CFPB Small Business Lending Regulation
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In this article we highlight the role played by the Consumer
Financial Protection Bureau in regulating small business lending.
Broadly speaking, the bureau's jurisdiction is limited to the
marketplace for consumer financial products and services (i.e.,
financial products or services used for personal, family or
household purposes).[1] However, the bureau does have
limited jurisdiction over small business lending, and has recently
taken steps to begin more active oversight of this market.
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Originally published by Law360
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