Alert September 21, 2010

Designated Transfer Date for Consumer Financial Protection Bureau Set for July 21, 2011

The Secretary of the Treasury designated July 21, 2011 as the date for the transfer of functions to the Bureau of Consumer Financial Protection. On this date, certain authorities will transfer from other federal agencies to the Bureau, and the Bureau will be able to exercise certain additional, new authorities under the Consumer Financial Protection Act of 2010 and other laws. Click here for the related Federal Register notice.