Required Rulemaking on Personal Financial Data Rights

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Consumer Financial Protection Bureau 12 CFR Parts 1001 and 1033 [Docket No. CFPB-2023-0052] RIN 3170-AA78 AGENCY: Consumer Financial Protection Bureau. ACTION: Proposed rule; request for public comment. SUMMARY: The Consumer Financial Protection Bureau (CFPB) is proposing a rule to implement personal financial data rights under the Consumer Financial Protection Act of 2010 (CFPA). The proposed rule would require depository and nondepository entities to make available to consumers and authorized third parties certain data relating to consumers' transactions and accounts; establish obligations for third parties accessing a consumer's data, including important privacy protections for that data; provide basic standards for data access; and promote fair, open, and inclusive industry standards. DATES: Comments must be received on or before December 29, 2023. ADDRESSES: You may submit comments, identified by Docket No. CFPB-2023-0052 or RIN 3170-AA78, by any of the following methods: Federal eRulemaking Portal: https://www.regulations.gov . Follow the instructions for submitting comments. A brief summary of this document will be available at https://www.regulations.gov/​docket/​CFPB-2023-0052 . Email: 2023-NPRM-Data-Rights@cfpb.gov . Include Docket No. CFPB-2023-0052 or RIN 3170-AA78 in the subject line of the message. Mail/Hand Delivery/Courier: Comment Intake—FINANCIAL DATA RIGHTS, c/o Legal Division Docket Manager, Consumer Financial Protection Bureau, 1700 G St…