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Friday, October 4, 2013

CFPB Finalizes Trial Disclosure Policy

Yesterday, the CFPB "finalized a new trial disclosure policy, which allows companies to apply for a waiver to test potential disclosure improvements on a trial basis.... The tests will provide [the CFPB] with data about what information and which delivery mechanisms help consumers best understand financial products and services. This data will help inform improvements to disclosure rules."

Learn more from the CFPB Blog.

Read the Final Trial Disclosure Program Policy.