Statute
Regulation E
92 published works
Corporate & Financial Weekly Digest
Consumer Financial Protection Bureau Releases Final Rule on International Remittance Transfers
On April 30, the Consumer Financial Protection Bureau (CFPB) issued its final rule amending subpart B of Regulation E, which implements the Electronic Fund Transfer Act, and the official interpretation…
Consumer Finance Monitor
CFPB finalizes revisions to remittances rule and sets October 28 effective date
By CFPB Monitor
Despite the urging of many industry commenters that it eliminate altogether the requirement for remittance transfer providers to disclose recipient institution fees, the CFPB chose not to go that far…
Consumer Finance Monitor
CFPB issues first preemption determinations
Last week, the CFPB issued final determinations as to whether certain Maine and Tennessee laws relating to unclaimed gift cards are preempted by federal law on gift card expiration dates. …
Consumer Finance Monitor
CFPB issues final rule removing ATM fee sticker requirement from Reg E
The CFPB has issued a final rule amending Regulation E to remove the requirement that a fee notice be posted on or at an automated teller machine. On December 20, 2012…
Franchising & Distribution Law Blog
Living Social Follows in Groupon’s Footsteps and Settles Class Action Lawsuit, Leaving Open Questions as to the Legality of its Two-Tiered Expiration Date Formula and Whether Daily Deal Coupons are Subject to Regulation E at All.
For the past year and a half, various lawsuits have alleged that daily deal coupons, such as those offered by Groupon and Living Social, violate Regulation E’s rules for gift…
Franchising & Distribution Law Blog
Do You Have To Give Your Customers “Cash Back” on Your Gift Cards?
As gift cards continue to rise in popularity among consumers, the regulations and laws that companies must follow in issuing and accepting them continue to increase as well. Beyond the…
Consumer Finance Monitor
FTC staff comments on extending Reg E to prepaid cards
By CFPB Monitor
The staff of the FTC's Bureau of Consumer Protection has weighed in on the CFPB's Advance Notice of Proposed Rulemaking seeking information on extending Regulation E requirements to general purpose…
Consumer Finance Monitor
Consumer groups advocate banning overdraft fees and short-term, small-dollar loan features for prepaid cards
Last week, a coalition of 26 consumer groups, civil rights advocates, and community organizations submitted comments to the CFPB urging it to issue regulations banning overdraft fees and short-term, small-dollar…
Consumer Finance Monitor
Some further thoughts on the CFPB’s proposed rulemaking with regard to reloadable prepaid cards
On May 23, 2012, the CFPB published an advanced notice of proposed rulemaking (ANPR) that proposes to extend Regulation E protections to GPR cards. The CFPB’s release of this ANPR…
All About Advertising Law
CFPB Launches Rulemaking On General Purpose Reloadable Prepaid Cards
The Consumer Financial Protection Bureau on May 23, 2012 announced that it is asking for comments about general purpose reloadable prepaid cards (“GPR Cards”) through an Advance Notice of Proposed…