Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057
Abstract
The Consumer Financial Protection Bureau (CFPB) has issued Consumer Financial Protection Circular 2024-04, titled, "Whistleblower protections under CFPA section 1057." In this circular, the CFPB responds to the question, "Can requiring employees to sign broad confidentiality agreements violate section 1057 of the Consumer Financial Protection Act (CFPA), the provision protecting the rights of whistleblower employees, and undermine the CFPB's ability to enforce the law?"
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Frequently Asked Questions
What is the 2024-17539 Federal Register document?
Document 2024-17539 is a Final Rule published by the Consumer Financial Protection Bureau in the Federal Register on August 9, 2024. The Consumer Financial Protection Bureau (CFPB) has issued Consumer Financial Protection Circular 2024-04, titled, "Whistleblower protections under CFPA section 1057." In this circular, the CFPB responds to the question, "Can requiring employees to sign broad confidentiality agreements violate section 1057 of the Consumer Financial Protection Act (CFPA), the provision protecting the rights of whistleblower employees, and undermine the CFPB's ability to enforce the law?" View the original at https://www.federalregister.gov/documents/2024/08/09/2024-17539/consumer-financial-protection-circular-2024-04-whistleblower-protections-under-cfpa-section-1057.
Is document 2024-17539 an economically significant rule?
No. Document 2024-17539 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.