What was one of the recent changes to Regulation Z?

One of the recent changes to Regulation Z was that oversight moved from the Federal Reserve to the Consumer Financial Protection Bureau (CFPB). This transition occurred as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in response to the financial crisis of 2008. The aim was to centralize consumer financial protection under the CFPB, which has a broader focus on consumer rights and issues related to financial products and services.

With this change, the CFPB has the authority to enforce compliance with Regulation Z and to create rules that enhance consumer protection within the lending market. This has implications for how disclosures and other lending practices are managed and regulated, ensuring that they align with consumer protection efforts and promote transparency in lending.

The other options do not correctly reflect significant recent changes to Regulation Z as established by the Dodd-Frank Act or through subsequent regulatory updates, making them less relevant in this context.