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CFPB Uses Novel Interpretation, Increases Compliance Burden for Gift Card Issuers Through its First Preemption Determination
Posted on 25 Apr 2013 by Morrison and Foerster LLP

by Rick Fischer, Obrea Poindexter, Leonard Chanin, and Matt Janiga On April 19, 2013, the Consumer Financial Protection Bureau ("CFPB") announced it was making a determination to preempt a provision of Tennessee unclaimed property law that... Read More

Tags: Consumer Financial Protection Bureau , Regulation E , Electronic Fund Transfer Act , gift cards