Reg. CC-Funds Availability, it ’s a good time to revisit the hold provisions and timing for Reg. CC.
The Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021 (“EFAA”) amended the Federal Arbitration Act to prohibit mandatory arbitration of sexual harassment and sexual assault claims. In Doe v. Second...more
In episode 64 of the Compliance 911 podcast, hosts Len Suzio and Dean Stockford discuss the intricacies of Reg. CC, a regulation that deals with funds availability. Dean emphasizes the importance of understanding the...more
This survey summarizes several recent developments affecting bank deposits and payment systems. These include payments-related consent orders and enforcement actions by the Consumer Financial Protection Bureau (“CFPB”) and...more
2020 AG Elections -Republican John Westercamp Announces Candidacy for Indiana Attorney General -John Westercamp, a Republican, announced his candidacy for Indiana AG in 2020....more
This week the Board of Governors of the Federal Reserve System issued a final rule amending portions of Regulation CC, which implements the Expedited Funds Availability Act. The changes primarily affect the check collection...more
On May 18, 2016, five federal banking agencies—the Board of Governors of the Federal Reserve System (“Board”), the Consumer Financial Protection Bureau (“CFPB”), the Federal Deposit Insurance Corporation (“FDIC”), the...more