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The Bureau is preparing to begin the first in a series of reviews of existing regulations that it inherited from other agencies through the transfer of authorities under the Dodd-Frank Act. The Bureau had previously sought feedback on the inherited rules as a whole, and identified and executed several burden reduction projects from that undertaking. The Bureau has largely completed those initial projects, and believes that the next logical step is to review individual regulations or portions of large regulations individually in more detail to identify opportunities to clarify ambiguities, address relatively new developments in the marketplace, or modernize provisions. The Bureau notes that other Federal financial services regulators have engaged in these types of reviews over time, and believes that such an initiative would be a natural complement to its work to facilitate implementation of new regulations.