CFPB Proposed Prepaid Card Rule Summary

November 20, 2014

On November 13, 2014, the Consumer Financial Protection Bureau (the “Bureau” or “CFPB”) issued a notice of proposed rulemaking (“NPRM”) proposing comprehensive consumer protections for prepaid financial products under Regulation E.

Please click the following link to read a summary of the proposed prepaid card rule. ETA Summary of CFPB NPRM – Prepaid