On February 11, the Federal Reserve Board announced: (i) the repeal of Regulation AA, which regulated unfair practices; and (ii) the proposed repeal of Regulation C, through which it effectuated the laws contained in the Home...more
The Federal Reserve Board (Board) is repealing Regulation AA, which includes the Board's credit practices rule, effective March 21, 2016. The Board is also proposing to repeal its Regulation C, which historically implemented...more