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Truth in Savings

Fed · final-rule · Published 2010-06-04 · Effective 2010-07-06 · 75 FR 31673

Document

Document number
2010-13281
Federal Register citation
75 FR 31673
CFR reference
12 CFR 230
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2010-06-04
Effective date
2010-07-06
Docket
Regulation DD

Abstract

On January 29, 2009, the Board published final rules amending Regulation DD, which implements the Truth in Savings Act, and the official staff commentary to the regulation. The final rule addressed depository institutions' disclosure practices related to overdraft services, including balances disclosed to consumers through automated systems. The Board is amending Regulation DD and the official staff commentary to address the application of the rule to retail sweep programs and the terminology for overdraft fee disclosures, and to make amendments that conform to the Board's final Regulation E amendments addressing overdraft services, adopted in November 2009.

Source

Authoritative
Federal Register document
Machine
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