The Consumer Financial Protection Bureau (CFPB) this week announced it has launched rulemaking to address harmful financial consequences of crimes including domestic violence and elder abuse. The Bureau is announcing it ahead of time to gather feedback for potential amendments to the regulation that implements the Fair Credit Reporting Act (FCRA), Regulation V.

Specifically, the notice of proposed rulemaking wishes to alter the definitions inside Regulation V for the terms “identity theft” and “identity theft report.” Following a period of public comment, the CFPB is expected to issue a final rule.

“People trapped by domestic abuse must often sign documents details ⇒

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