11/25/2014 12:00 p.m. - 01:00 p.m. EST
Banking + Financial Services, Capital Markets, and Financial Institutions + Financial Services
Obrea O. Poindexter and Jeremy R. Mandell
Listen to Presentation
Recently, the Consumer Financial Protection Bureau (“CFPB”) issued its long-awaited proposal to further regulate prepaid card products (the “Proposed Rule”). The Proposed Rule is complex and amends a number of key provisions in the CFPB’s Regulation E and Regulation Z. The Proposed Rule would require extensive disclosures, modify error resolution and liability requirements, and impute provisions from Regulation Z for overdraft services and so-called “credit features” or “credit plans” associated with prepaid accounts.
Speakers will provide an overview of the Proposed Rule, which will cover:
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