12 CFR §1014.1 — Scope of regulations in this part (Regulation N / Mortgage Acts and Practices — Advertising Rule, CFPB)
Regulation N §1014.1 establishes the scope of the MAP Rule: it implements the 2009 Omnibus Appropriations Act §626 (as amended by the CARD Act and Dodd-Frank §1097) and applies to persons over which the FTC has jurisdiction under the FTC Act.
Verbatim regulatory text
Verbatim provisions from 12 CFR §1014.1 — Scope of regulations in this part (Regulation N / Mortgage Acts and Practices — Advertising Rule, CFPB) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
12 CFR §1014.1
This part, known as Regulation N, is issued by the Bureau of Consumer Financial Protection to implement the 2009 Omnibus Appropriations Act, Public L. 111-8, section 626, 123 Stat. 524 (Mar. 11, 2009), as amended by the Credit Card Accountability Responsibility and Disclosure Act of 2009, Public Law 111-24, section 511, 123 Stat. 1734 (May 22, 2009), and as amended by the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act of 2010, Public Law 111-203, section 1097, 124 Stat. 1376 (July 21, 2010). This part applies to persons over which the Federal Trade Commission has jurisdiction under the Federal Trade Commission Act.
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Source of record: https://claudeforcompliance.com/regs/reg-n-1014-1/
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