In its motion for a summary judgment in a lawsuit challenging the regulation, the CFPB stated it has concluded that the Section 1033 Rule ...

On May 23, the U.S. District Court for the Eastern District of Kentucky received a status report from the defendants, the CFPB and Russell ...

The Biden-era Consumer Financial Protection Bureau exceeded Congress’s intent when it used a mandate giving customers access ...

Banking groups argue that the rule, created under Section 1033 of the Dodd-Frank Act, was an overstep in the CFPB’s authority ...

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.