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The CFPB’s Section 1071 rule has been anything but straightforward. Since the final rule was issued in March 2023, financial institutions have navigated court injunctions, congressional challenges, Supreme Court decisions, shifting compliance dates, and—most recently—a significant proposed rollback of the rule in November 2025. What began as a sweeping new data-collection mandate has instead become a moving target, leaving many institutions unsure whether, when, or how the rule will ultimately apply to them.
Our 1071 Update: The November 2025 Proposed Rule program is designed to cut through the noise and give compliance professionals a clear, confident understanding of where Section 1071 stands today—and where it is most likely headed next. Using an executive-summary style approach, this 45-minute program focuses on what matters most now, while keeping in mind that things could change again in the future. It is intentionally high-level, making it ideal for compliance leaders, managers, and internal stakeholders who need clarity without wading through hundreds of pages of regulatory text.
The 1071 Update: The November 2025 Proposed Rule provides a concise, executive-level overview of Section 1071 as it exists today, with particular attention to how the CFPB’s approach has shifted over time. The goal is not just to explain the proposal, but to help attendees understand its practical implications and think strategically about what to monitor as the rulemaking process continues.
Key areas covered in the program include:
Foundations & context: Reviews the history of Section 1071, the March 2023 Final Rule, and the legal and operational challenges that have driven delays and uncertainty.
Key changes in the November 2025 proposal: Explains the major revisions in the proposed rule, including changes to which data points may be collected and how they differ from the original final rule.
Who may still be covered: Highlights proposed changes to institution coverage and reporting thresholds, noting how the proposal could significantly reduce the number of institutions subject to Section 1071 — while emphasizing that the rule is not final and could change.
Practical implications & next steps: Covers compliance, operational, and fair-lending considerations, with guidance on planning, vendor decisions, and staying flexible as the CFPB moves toward a future final rule.
Rather than focusing on technical line-by-line changes, the program emphasizes context, intent, and the impact on compliance, giving participants the insight they need to make informed decisions and communicate effectively across their organizations.
Even with delayed compliance dates, Section 1071 is not going away, and the November 2025 proposed rule signals a meaningful shift in how the CFPB plans to implement it long-term. This program helps you anticipate regulatory expectations as the CFPB re-positions Section 1071 as a phased, long-term initiative, communicate confidently with leadership, examiners, and internal teams about where the rule stands, and stay ahead of compliance strategy decisions, including whether and when to begin early data collection.
Our 1071 Update Compliance Class would be good for compliance officers and compliance professionals, risk managers, commercial lending managers, commercial lenders, auditors, and anyone else who is responsible for understanding and implementing the 1071 final rule in their organizations.
There will actually be three ways to access our 1071 Update program:
Individual Class. The easiest way to access our 1071 Update: The Nov 2025 Proposed Rule program is to purchase our stand-alone class at the purchase option below. This option focuses solely on the 1071 proposed rule updates.
Winter 2026 Quarterly Compliance Update. The 1071 Update: The Nov 2025 Proposed Rule class is included as Part II of our Winter 2026 Quarterly Compliance Update. Our Winter 2026 Quarterly Compliance Update will cover regulatory activity that took place during the last quarter of 2026, which, of course, includes the latest developments to the small business lendig data rule. NOTE: If you are interested in our Winter 2026 Quarterly Update program, go to www.compliancecohort.com/winter 2026-quarterly-compliance-update.
Premium Gold or Premium Pro Membership. The final way our 071 Update: The Nov 2025 Proposed Rule program can be accessed is through one of our premium memberships. Premium Gold members can choose this class as one of their additional training programs, while this class is automatically included for Premium Pro members. The enrollment period for our premium memberships is currently ongoing. To learn more about premium memberships, go to www.compliancecohort.com/premium-membership.
EARLY BIRD PRICE: $199 (Regular: $299)
Demo Available: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can set you up with preview access.
The class runs 45 minutes and covers the following topics.
Section 1071 background and recent developments
Key changes in the November 2025 proposed rule
Coverage and reporting implications
Practical considerations and next steps
This Compliance Class can be completed without leaving your office and provides you with everything you need to know about what compliance related activity took place during the prior quarter.
The class includes the following:
A comprehensive manual
A “virtual classroom” instructional video(s)
60-day access to the class
Certificate of completion (1 per registration - available upon request/5 per registration for the +unlimited attendees option)
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
Certificates of completion are available upon request. One certificate is available per registration.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
