Join us for a field hearing on prepaid accounts in Wilmington, Delaware.
Today, we’re posting a semi-annual update of our rulemaking agenda in conjunction with a broader initiative led by the Office of Management and Budget (OMB) to publish a Unified Agenda of Regulatory and Deregulatory Actions across the federal government. Under the Regulatory Flexibility Act, federal agencies are required to publish regulatory agendas twice a year.
We’re developing new disclosures that will provide a variety of protections for prepaid card users. As a part of this work, we’re developing a model disclosure form to standardize these disclosures and clearly present the most important fees so you can easily identify the best prepaid card for your needs. Take a look, and tell us what you think about the model forms.
My family and I just moved into a new house. With all the packing and unpacking, my kids and I found three gift cards we had forgotten about. Mine was from my birthday, almost a year ago. Theirs were from last Christmas. So while most consumers are shopping for this year’s holiday season, we’re putting […]
On May 23rd, we visited Durham, NC, to hold a field hearing on general purpose reloadable prepaid cards, commonly known as prepaid cards. In concert with the hearing, we announced a new Advance Notice of Proposed Rulemaking (ANPR) on this rapidly growing market.