The CFPB has made a sweeping proposal for regulating prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) (the Proposed Rule). The Proposed Rule’s mandates for new disclosures, error resolution procedures, fee limits, consumer liability limits for unauthorized transactions, and additional requirements for cards offering overdraft or credit features will usher in a new era of standardization and leveling of the playing field for the industry, and present potential new challenges for certain prepaid product features and their providers.

In this webinar, we consider all aspects of the Proposed Rule and its implications for the industry.

Program

12:00 PM - 1:00 PM ET  | Webinar

Moderator

Alan S. Kaplinsky, Practice Leader
Consumer Financial Services Group

Presenters

Mark J. Furletti
Consumer Financial Services Group

Glen P. Trudel
Consumer Financial Services Group

Continuing Legal Education

This program is open to Ballard Spahr clients and members of the financial services industry. This program is not eligible for continuing education credits. Please register at least two days before the webinar. Login details will be sent to all approved registrants approximately 24 hours before the webinar.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Lisa Prickril at prickrill@ballardspahr.com.

Related Practice

Consumer Financial Services