Before the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act of 2010 (Dodd-Frank Act), the Federal Reserve Board’s Regulation AA made it unlawful for banks to include or enforce certain provisions in consumer credit contracts. When the Dodd-Frank Act created the CFPB, it removed the Board’s responsibility for issuing Regulation AA. The CFPB is withdrawing a proposed rule regarding the re-codification of Regulation AA and the prohibition of certain additional provisions in contracts for consumer financial products or services. The CFPB has determined that legislative rulemaking is not necessary or appropriate at this time to address the subject matter of the NPRM. The CFPB will not take any further action on the NPRM.