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2022-11 November - Dodd-Frank Act Section 1071: Preparing for Implementation

Course Description

Dodd-Frank Section 1071 requires the Consumer Financial Protection Bureau (CFPB) to issue final rules requiring small business lenders to collect data on lending to women and minority-owned small businesses and report this data to the CFPB annually. A final regulation is expected to be issued by the CFPB in Spring 2023. This course explains who and what are covered, what is considered a covered transaction, and data points to be collected and reported.
20 Minutes
Series: Directors Education Series
Roles: Board of Directors
Course Format: Webinar
Package: Director Education Webinar Series

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