President signs ATM fee sticker bill and CFPB privilege waiver bill

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On December  20, 2012, President Obama signed into law (1) the bill amending the Electronic Fund Transfer Act (H.R. 4367) to eliminate the ATM fee sticker requirement, and (2) the bill amending the Federal Deposit Insurance Act (H.R. 4014) to provide protection against waiver of the attorney-client privilege when privileged information is shared with the CFPB or by the CFPB with other federal agencies.

Topics:  ATMs, Attorney-Client Privilege, Barack Obama, CFPB, EFTA, Federal Deposit Insurance Act

Published In: Administrative Agency Updates, General Business Updates, Consumer Protection Updates, Elections & Politics Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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