HR 5062 · 113th Congress · Finance and Financial Sector
Examination and Supervisory Privilege Parity Act of 2014
Bill Progress
1
Introduced✓
Committee✓
House Vote✓
Senate✓
EnactedLatest: Became Public Law No: 113-173.(2014-09-26)
Plain Language Summary
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Examination and Supervisory Privilege Parity Act of 2014 - Amends the Consumer Financial Protection Act of 2010, with respect to the supervision of nondepository covered persons, to include state agencies that licence, supervise, or examine the offering of consumer financial products or services among the regulatory agencies with which the Consumer Financial Protection Bureau (CFPB) is required to coordinate its supervisory activities. Declares that the sharing of information with such regulators, authorities, and agencies shall not be construed as waiving, destroying, or otherwise affecting any privilege claimed by nondepository covered persons under federal or state law regarding such information as to any person or entity other than the CFPB, agency, supervisor, or authority.…
Summarized by Claude AI · Non-partisan · For informational purposes only