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The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau ...
Banking groups argue that the rule, created under Section 1033 of the Dodd-Frank Act, was an overstep in the CFPB’s authority.
In its October 2023 request for public comment, the CFPB advised that Section 1033 would “provide basic standards for data access; and promote fair, open, and inclusive industry standards.” ...
The final rule on personal financial data rights under Section 1033 of the Dodd-Frank Act poses practical challenges for financial institutions likely to be considered “data providers” under ...
1033 Exchange — A Timely Solution Section 1033 provides wildfire victims the ability to defer these taxes by reinvesting insurance proceeds into a replacement property. Importantly, 1033 ...
When property is involuntarily converted due to destruction from wildfires, insurance proceeds, FEMA assistance, and land value compensation are all treated as taxable unless properly reinvested under ...
Section 1033 definitely has its proponents and detractors. “The US is now positioned on par with rest of the world when it comes to open banking” - Laurent van Huffel, CEO, OpenFinity.
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