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Friday, April 6, 2012

Federal Register Update: CFPB and SEC Final Rules

The CFPB has published its final rule regarding the allowable fee amount charged for making a disclosure to consumers. The CFPB has increased the amount from $11.00 to $11.50 based on changes in the CPI.
The new ceiling is effective April 3, 2012
Read more.

The SEC has published a final rule regarding the exemption of transactions by clearing agencies in certain security-based swaps in the federal register.
The final rule will be effective April 16th, 2012.
Read more.

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