Joint Trades on CFPB 1034 C

We write to reiterate our request made via written correspondence to you on December 18, 2023, that the Consumer Financial Protection Bureau either rescind, or clarify in writing, ideally through notice and comment rulemaking, certain aspects of the Advisory Opinion (AO) released by the CFPB on October 11, 2023 “regarding section 1034(c) of the Consumer Financial Protection Act, which requires large banks and credit unions to comply in a timely manner with consumer requests for information concerning their accounts for consumer financial products and services, subject to limited exceptions.” That letter is attached here to as an Appendix.