Legislative Update

Legislative Update summarizes and updates pending payment cards legislation, regulation, and judicial activity at the federal level and for the Third District states of Pennsylvania, New Jersey, and Delaware.

Current Summary

April – June 2008

Proposed Unfair or Deceptive Acts or Practices Rule

Background
The Proposal
Related Action by the Board of Governors of the Federal Reserve

Proposed Risk-Based Pricing Notice Rule

Background
Proposed Rule

Judicial Decisions and Legislation Affecting the FCRA

"Firm Offer of Credit" Under the FCRA
Damages for Neglect by an Information Furnisher
Credit and Debit Card Receipt Clarification Act of 2007

Federal Legislation

A Bill to Prevent the Implementation of the Unlawful Internet Gambling Enforcement Act

Federal Regulation

Office of the Comptroller of the Currency
- Risk Management Guidance of Payment Processors

Judicial Rulings

Settlements
- MasterCard Settles Antitrust Suit with American Express

Previous Summaries

E-Mail Notification

Find out when information about Payment Cards Center publications and events is released.

Legislative Update

Current Summary

April – June 2008

Previous Summaries

E-Mail Notification

Payments Bibliography