On July 28th, the Consumer Financial Protection Bureau issued four new rules:

  • Rules of Practice for Adjudication Proceedings, effective immediately;
  • Rules Relating to Investigations, an interim final rule effective immediately with a request that comments be submitted on or before September 26, 2011;
  • Disclosure of Records and Information, an interim final rule establishing FOIA procedures, effective immediately with a request that comments be submitted on or before September 26, 2011; and
  • State Official Notification Rules, an interim final rule establishing procedures that govern the process by which state officials notify the CFPB of actions or proceedings undertaken pursuant to the authority granted in Section 1042(a) of the Dodd-Frank Act, effective immediately with a request that comments by submitted on or before September 26, 2011.