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Rulemaking Process › Regulation E › Banking Sector

Sheppard Mullin Richter & Hampton LLP

CFPB Release Final Rule on Overdraft Fees

Sheppard Mullin Richter & Hampton LLP on

On December 12, the CFPB released the final version of its overdraft rule that was first proposed in January. (We discussed it here.) Currently, financial institutions that extend overdraft protection are exempt from certain...more

Goodwin

SEC Proposes New Round of Money Market Fund Reforms

Goodwin on

In This Issue. The U.S. Securities and Exchange Commission (SEC) voted to propose money market fund reforms; the SEC also proposed amendments to Rule 10b5-1 trading plans and to modernize and improve share repurchase...more

Morrison & Foerster LLP

Overview of the CFPB Prepaid Account Proposed Rule

Morrison & Foerster LLP on

On November 13, 2014, the Consumer Financial Protection Bureau (“CFPB”) issued a proposed rule to regulate prepaid accounts (the “Proposed Rule”). The Proposed Rule follows the CFPB’s May 2012 advance notice of proposed...more

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