Protecting Americans From Harmful Data Broker Practices (Regulation V); Extension of Comment Period

Document 2025-03547 is a Proposed Rule published by the Consumer Financial Protection Bureau in the Federal Register on March 5, 2025, with an effective date of December 13, 2024. On December 13, 2024, the Consumer Financial Protection Bureau (CFPB) published in the Federal Register a notice of proposed rulemaking (NPRM) requesting comment on the CFPB's proposal to amend Regulation V, which implements the Fair Credit Reporting Act (FCRA). The proposed rule would implement the FCRA's definitions of consumer report and consumer reporting agency as well as certain of the FCRA's provisions governing when consumer reporting agencies may furnish, and users may obtain, consumer reports. The NPRM provided a comment period that was set to close on March 3, 2025. To allow interested persons more time to consider and submit their comments, the CFPB has determined that an extension of the comment period until April 2, 2025, is appropriate. View the original at https://www.federalregister.gov/documents/2025/03/05/2025-03547/protecting-americans-from-harmful-data-broker-practices-regulation-v-extension-of-comment-period.

No. Document 2025-03547 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.