Trial disclosure program

Much federal consumer protection law rests on the assumption that accurate and effective disclosures will help Americans understand the costs, benefits, and risks of different consumer financial products and services.

Let’s make disclosures work as effectively as possible for consumers

Design an innovative disclosure and/or way of delivering a disclosure that isn’t allowed under existing regulations. Apply for a waiver to try out your idea and measure how well it works. Each trial will be specific to the approved companies for approved disclosures and have safeguards to protect against consumer harm.

For example

Your trial could include:

  • Disclosure content, format, and/or delivery mechanisms
  • Any product or service we regulate
  • Iterations through different related trials
  • Tests by a single firm or a group of firms working collaboratively