Two Recent Regulatory Comment Calls

CUNA
August 19, 2010 | COMMENTS

NCUA Interim Final Rule Clarifies Regulation DD Overdraft Protection Rules

The National Credit Union Administration has issued an interim final rule that clarifies the recent final rules amending Regulation DD, the Truth in Savings Act, that changed the disclosure requirements for overdraft protection plans.

> View Full Comment Call at CUNA.org

Interim Final Rule that Extends the Effective Date for Certain Provisions of the CARD Act Gift Card Rules

The Federal Reserve Board has issued an interim final rule that implements an amendment to the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD Act) that was signed by President Obama on July 27, 2010.  This amendment delays the August 22, 2010 effective date of certain provisions of the CARD Act rules that impose restrictions on the fees and expiration dates for gift certificates, store gift cards, and general-use prepaid cards.

> View Full Comment Call at CUNA.org

 

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