CFPB Extends Reg Streamlining Deadline

Interested parties have until June 4 to provide comments.

May 1, 2012

The Consumer Financial Protection Bureau (CFPB) has extended its deadline to June 4 to reply to first-round comments on its regulatory streamlining project.

Last December, the CFPB published a notice and request for information for specific suggestions from the public on streamlining regula-tions it inherited from other federal agencies. The streamlining notice provided a two-stage comment process. Initial comments were due March 5, 2012.

The notice then allowed a 30-day period, closing on April 3, to submit responses to the comments filed. The CFPB determined that extending this comment period until June 4 would allow interested parties more time to analyze the submitted comments and respond.