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Thursday, October 1, 2015

ABA, Groups: CFPB Overdraft Survey Plan Is Incomplete

ABA and four other trade groups representing banks and credit unions yesterday called on the CFPB to release and accept comments on a draft survey as part of its proposed study of overdraft protection services. The bureau said it planned to conduct a survey of 8,000 individuals but did not release the draft survey with its proposal as federal guidance requires.

Read the letter.

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