Roadmaps and Summaries on the key provisions and regulatory rulemakings impacting banks can be found below for each relevant title:
News and Legal Alerts
Regulation II implements the Durbin Amendment, which limits fees paid by merchants for debit interchange and provides that merchants may route transactions through two or more debit networks. The Final Rules for Regulation II went into effect on October 1, 2011.
Frequently Asked Questions - Regulation II: The Federal Reserve has addressed certain questions regarding prepaid cards and the provisions prohibiting circumvention and evasion of the interchange fee caps.
Small issuers with assets of less than $10 billion are exempt from the debit interchange fee caps set for in Reg. II. A discussion of these institutions may be found here, August 29, 2011
Press Release from the Federal Reserve Regarding the Final Rules,
June 29, 2011
Dodd-Frank Brings Expansion Opportunities - and Obstacles
April 29-May 5, 2011
Dodd-Frank Title VII Update: Where Are We and Where Are We Going?
10 Important Issues Facing Derivatives Users
February 23, 2011
Legal Alert: Lawsuit Challenges Constitutionality of Debit Card Interchange Provisions of Dodd-Frank Act
October 13, 2010
Legal Alert: Defining "Financial Institution" Under Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act
October 6, 2010
Legal Alert: New Whistleblower Protections for Financial Service Employees
October 1, 2010
Legal Alert: Dodd-Frank Act Creates Significant Changes in Bankruptcy Law Affecting Derivatives and Other Trading Counterparties
September 22, 2010
Legal Alert: Interchange Fee Regulation Included in Wall Street Reform Bill Passed by Senate
May 21, 2010
Legal Alert: Senate Wall Street Reform Bill Includes Proposed Regulation of Credit and Debit Card Interchange Fees
May 12, 2010
Legal Alert: Federal Reserve Publishes Rules Implementing Provisions of the CARD Act Relating to Gift Cards, Gift Certificates and Prepaid Cards
May 7, 2010
Legal Alert: Obama Administration Proposes Financial Crisis Responsibility Fee
January 15, 2010
Legal Alert: Banking: Financial Regulatory Reform - A New Foundation: Rebuilding Financial Supervision and Regulation
June 23, 2009
Contacts
| James M. Cain |
202.383.0180 |
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| B. Knox Dobbins |
404.853.8053 |
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| W. Scott Sorrels |
404.853.8087 |
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| Annette L. Tripp |
713.470.6133 |
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Other Resources
External Resources
FDIC and Financial Regulatory Reform
Legislative Benchmarks
November 19, 2009:
Regulatory Reform, markup, The Senate Banking Committee, on the Dodd bill entitled, "The Restoring American Financial Stability Act of 2009." For additional details, click here.
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