Which of the following is NOT a requirement of the CFPB?

The emphasis on not overregulating financial institutions is key to understanding the CFPB's role. The Consumer Financial Protection Bureau (CFPB) is designed to protect consumers by enforcing laws that ensure transparency and fairness in financial transactions. However, overregulation would contradict its mission, which balances consumer protection with the need for financial institutions to operate efficiently and effectively.

In contrast, the other choices represent core responsibilities of the CFPB. The agency enforces consumer financial laws to ensure compliance and protection for consumers. Educating consumers about financial products is a significant part of its mission, as it aims to empower individuals to make informed decisions. Additionally, collecting data on lending practices is critical for the CFPB to monitor and address issues like discrimination and ensure fairness in lending. Thus, the focus on not overregulating aligns with the CFPB's goal to ensure a fair and competitive marketplace while protecting consumers' rights.