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On December 21, 2011 the Office of the Comptroller of the Currency ("OCC"), Board of Governors of the Federal Reserve System ("Board"), and Federal Deposit Insurance Corporation ("FDIC") (collectively, the "agencies"...

On April 3, the Federal Reserve Board ("Board") published a final rule ("Rule") specifying when a financial company that may be made subject to systemic regulation under Title I of the Dodd-Frank Wall Street Accountability and Consumer...

by Dwight C. Smith, Barbara R. Mendelson, Charles M. Horn, Henry M. Fields and Oliver I. Ireland The first formal step in the transition of the Federal Reserve Board taking over the supervisory responsibilities of the Office of Thrift Supervision occurred...

by the Consumer Financial Services Group The U.S. District Court for the District of South Dakota has issued a preliminary injunction postponing the October 1, 2011, effective date of the Federal Reserve Board's 2011 Regulation Z (Truth in Lending...

by Ezra C. Levine, Andrew M. Smith and M. Sean Ruff Excerpt: On May 23, 2011, the Federal Reserve Board ("FRB") published in the Federal Register a proposed rule setting forth an entirely new regulatory scheme for companies that provide...

In this Analysis, Stephen Ornstein, Matthew Yoon, and John Holahan, of SNR Denton, discuss the anti-predatory lending provisions of the historic Dodd-Frank Act. Prescribing a host of new standards for residential mortgage loans, Title XIV is one of the...

The Federal Reserve Board has published final rules implementing the provisions of the Credit Card Act of 2009 relating to gift cards, gift certificates and "general use prepaid cards." The rule applies to all covered products sold or issued...

WASHINGTON, D.C. - (Mealey's) The Federal Reserve Board on June 29 approved a final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions as required by the Dodd-Frank...

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Dec. 8 heard oral arguments in a consumer class action lawsuit seeking determination whether Regulation Z of the Truth in Lending Act (TILA) requires creditors to give notice before raising annual...

WASHINGTON, D.C. -- (Mealey's) The U.S. Supreme Court on Jan. 24 unanimously ruled that a credit card holder was not entitled to prior notice before his card issuer raised his annual percentage rate (APR) because it was not required to give notice...

The Federal Reserve Board has published final rules implementing the provisions of the Credit Card Act of 2009 relating to gift cards, gift certificates and "general use prepaid cards." The rule applies to all covered products sold or issued...

Stephen Ornstein, Matthew Yoon, and John Holahan of SNR Denton In December 2009, the Federal Reserve Board and the FTC jointly issued final rules to implement the provisions of section 311 of the Fair and Accurate Transactions Act of 2003 ("FACTA"...

WASHINGTON, D.C. - (Mealey's) The Federal Reserve Board on June 29 approved a final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions as required by the Dodd-Frank...