Join Elena Babinecz, former Deputy Assistant Director at the Consumer Financial Protection Bureau (CFPB) and manager of the Section 1071 small business lending rulemaking, as well as Colgate Selden, former Senior Counsel at the agency and a regulatory compliance expert, for an insightful overview of the recently issued 2026 final rule, including:
- Changes to which financial institutions must collect and report data
- What products are in and out
- What data points are in and out, including challenges with data quality
- Collection of demographic information from small business applicants
- Tips for smooth implementation
- What to expect next from the CFPB
Continuing Education Credit:
This program is being submitted for 1 hour of CLE credit in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Texas. Materials will be provided for submissions to additional states. In order to receive credit, participants must attend the live webinar. Credit cannot be awarded to viewers of the recorded program.