CFPB issues final rule removing ATM fee sticker requirement from Reg E

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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 , President Obama signed into law an amendment to the Electronic Fund Transfer Act that eliminated the fee notice  requirement.

Since the final rule conforms Reg E to the statutory change, the CFPB determined that  the Administrative Procedure Act allowed it to issue the Reg E amendment as a final rule without advance notice and public comment. The rule will be effective upon publication in the Federal Register.

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