FDIC Proposed Guidance on Deposit Advance Products

Orrick - Finance 20/20
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On April 25, the FDIC issued proposed guidance relating to deposit-advance products and consumer protection risks. Comments on the proposed guidance must be received within 30 days of publication in the Federal Register. FDIC Release. Proposed Guidance.

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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. Attorney Advertising.

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Orrick - Finance 20/20
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