Brandon Wong

Brandon Wong

Venable LLP

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Declined: CFPB Proposes Rule to Limit Non-Sufficient Funds Fees

One week after the CFPB published its proposed rule restricting overdraft fees, the CFPB proposed yet another rule prohibiting nonsufficient funds fees (NSF fees) on transactions like declined debit card purchases and...more

2/2/2024  /  Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Financial Regulatory Reform , Financial Services Industry , Insufficient Funds , Regulation E
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