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CFPB Proposes Additional Changes to the Prepaid Rule - The National Law Forum
Advertisement On June 15, 2017, the CFPB announced that it is proposing for public comment certain modifications to its prepaid rule. The rule, which was issued in final form in October 2016, limits consumers’ losses for lost and stolen prepaid cards, requires financial institutions to investigate errors, and includes enhanced disclosure provisions. The final rule unexpectedly granted Regulation E error resolution … Continue reading CFPB Proposes Additional Changes to the Prepaid Rule
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