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Small Business Lending Under the Equal Credit Opportunity Act Compliance Course

$49.99

Discover the essential updates to Regulation B with our comprehensive course, focusing on the Consumer Financial Protection Bureau’s new compliance date extensions for small business lending. This course covers critical aspects such as compliance requirements, the implications of the rule changes, and provides a clear understanding of the CFPB’s legal authority under the Dodd-Frank Act. Equip yourself with the knowledge to ensure your financial institution remains compliant and avoid potential legal pitfalls.

In this course you will learn the following:
* Understand the purpose and scope of the interim final rule.
* Identify the new compliance dates and requirements for financial institutions.
* Recognize the legal authority and administrative procedures involved.
* Comprehend the consequences of non-compliance with the rule.

NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year.  At the end of the one year term, the course will be set to “inactive”. 

Additional information

Federal Register Title

Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates. Document Number: 2024-14396

Course SKU

FR-24-898-1

Why This Course Is Important

Without this course, financial professionals may struggle to align their practices with the latest regulatory changes, risking non-compliance and potential penalties.