Maine Regulation Z-2 Officially Repealed

Regulation Z-2 is now officially repealed in Maine. On December 1, 2011, the Maine Bureau of Consumer Credit Protection and Bureau of Financial Institutions jointly announced the conclusion of their rulemaking regarding Regulation Z-2, which was slated for repeal based on recent amendments to Maine’s Consumer Credit Code earlier this year.

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Donald Groves joins Consumer Financial Protection Bureau

Donald Groves, long-time Deputy Superintendent for Examination and Supervision for the Maine Bureau of Financial Institutions, recently left the Bureau to join the newly-formed Consumer Financial Protection Bureau based in Washington, D.C.   Robert Studley has been named Acting Deputy Superintendent and will assume Don’s duties.   We wish Don the best at the CFPB!