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CFPB Launches Advisory Opinion Pilot Program to Provide Clarity Where There is Regulatory Uncertainty

The Consumer Financial Protection Bureau published a notice in the Federal Register announcing that it is launching a pilot Advisory Opinion (AO) Program. With this program, the CFPB would provide advisory opinions in areas of regulatory uncertainty. The CFPB created the pilot in response to feedback it received through its Request for Information  Regarding Bureau Guidance and Implementation Support—part of the series of RFIs released by the CFPB in early 2018 when Mick Mulvaney temporarily took over the directorship of the agency.

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Webinar: Ask the Experts, Exclusively for Research Assistant Members

July 1, 2020 03:00 Eastern

Join Mike Bevel, Director of Education for insideARM; attorney Wendy Badger; Elizabeth "Libby" Shaffer, Legal Counsel for Dinsmore & Shohl LLP; and Stephanie Schuitt, Vice President Compliance for iQor, as we do our best -- which is pretty good -- to answer any question you can lob at us!

Here's how you can participate:

1) If you are a Research Assistant Member, go here and register for free. That page will give you the deets you need. Research Assistant members also get a full transcript of all the questions asked, all the answers given, and exclusive access to the replay.

2) If you're not a Research Assistant Member -- well, you can't really join this webinar. So become a Research Assistant member already!

Questions about membership? Email our Director of Education, Mike Bevel, at mbevel@insidearm.com.



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Wash. Emergency Rule Granted: No Branch Office Licensing Required for Employees Working from Home

The Washington State Collection Agency Board held an emergency rulemaking meeting last week where it decided to do away with branch office licensing requirements for collection agency employees working from home during the COVID-19 pandemic. As an emergency rule, it will remain active for 120 days, and can be extended for another 120 days "if the board is actively engaging in rulemaking."

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Collections strategy best practices, new tech and digital networking this July


iA Strategy & Tech (July 21-23) is the industry's most practical, data-rich source for cutting-edge collections strategy insight. What's more, this event is entirely digital this year, so you can network with your peers and vet new tech without having to travel. Make sure you're prepared for Q3, Q4 and beyond.


Attendees from over 100 companies have already signed up; more are joining us every day. Don't miss out! Sign up today.


Learn more »



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