{"abstract":"The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to adopt a standard definition of \"risks to consumers with regard to the offering or provision of consumer financial products or services\" that will bind the Bureau in proceedings to designate nonbank covered persons for Bureau supervision. This will ensure that the Bureau acts within the bounds of its statutory authority and provide clarity to institutions about the standard the Bureau applies.","action":"Proposed rule; request for comment.","agencies":[{"raw_name":"Consumer Financial Protection Bureau","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/08/26/2025-16352.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1091,"title":12}],"citation":"90 FR 41520","comment_url":null,"comments_close_on":"2025-09-25","correction_of":null,"corrections":[],"dates":"Comments must be received on or before September 25, 2025.","disposition_notes":null,"docket_ids":["Docket No. CFPB-2025-0018"],"dockets":[{"supporting_documents":[],"agency_name":"CFPB","documents":[{"comment_count":56,"comment_start_date":"2025-08-26","updated_at":"2025-10-08T01:55:56.654-04:00","comment_url":"https://www.regulations.gov/commenton/CFPB-2025-0018-0001","allow_late_comments":false,"id":"CFPB-2025-0018-0001","comment_end_date":"2025-09-26","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"CFPB-2025-0018","title":"Legal Standard Applicable to Supervisory Designation Proceedings"}],"document_number":"2025-16352","effective_on":null,"end_page":41523,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/08/26/2025-16352.xml","html_url":"https://www.federalregister.gov/documents/2025/08/26/2025-16352/legal-standard-applicable-to-supervisory-designation-proceedings","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-16352?publication_date=2025-08-26","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-08-26/2025-16352/mods.xml","not_received_for_publication":null,"page_length":4,"page_views":{"count":5007,"last_updated":"2026-04-22 10:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-08-26/pdf/2025-16352.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-16352.pdf?1756125947","publication_date":"2025-08-26","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/08/26/2025-16352.txt","regulation_id_number_info":{"3170-AB45":{"issue":"202504","html_url":"https://www.federalregister.gov/regulations/3170-AB45/legal-standard-applicable-to-supervisory-designation-proceedings","title":"Legal Standard Applicable to Supervisory Designation Proceedings","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202504&RIN=3170-AB45&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3170-AB45"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":56,"agency_id":"CFPB","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=CFPB-2025-0018","supporting_documents_count":0,"docket_id":"CFPB-2025-0018","document_id":"CFPB-2025-0018-0001","regulation_id_number":null,"title":"Legal Standard Applicable to Supervisory Designation Proceedings","checked_regulationsdotgov_at":"2025-10-09T08:55:03Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":41520,"subtype":null,"title":"Legal Standard Applicable to Supervisory Designation Proceedings","toc_doc":"Legal Standard Applicable to Supervisory Designation Proceedings","toc_subject":null,"topics":["Administrative practice and procedure","Consumer protection","Credit","Trade practices"],"type":"Proposed Rule","volume":90}