Memrie Fortenberry, special counsel on the Banking & Financial Services Industry Team in the Jackson office, authored the article "3 Steps For Banks As Section 1071 Rule Finally Becomes Final," published by Law360 on June 30, 2026. Memrie examines the Consumer Financial Protection Bureau's finalized 2026 Section 1071 small-business lending rule and provides useful tips for banks as compliance efforts begin. She breaks down how institutions can determine whether they are subject to the reporting requirements, develop internal processes for data collection and reporting, and implement safeguards for handling sensitive demographic information ahead of the rule's compliance date in January of 2028.