The CFPB issued a final rule on May 1, 2026, revising Regulation B concerning data collection for small business lending under section 1071 of Dodd-Frank. This final rule is part of ongoing efforts to ensure transparency and fair access in lending.
What changed
Revised requirements for data collection in small business lending.
Compliance perspective
Entities must implement new data collection practices by the specified deadlines outlined in the rule.
Key date
Effective date: May 1, 2026.
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