The CARD Act: Clarifications and Implementation

Webinar

11 AM CT

Presenter: Obrea O. Poindexter

Duration: 1 hour

Price: $249 / $199 for Affiliation Members

If you’re finding that the Credit Card Accountability, Responsibility and Disclosure Act of 2010 (CARD Act) and its implementing regulations are still not absolutely clear, there is some clarification expected shortly from the Fed. This is one topic we’ll discuss during this session. We also will provide an in-depth and intensive discussion of the recent CARD Act rulemakings, including implementation, and we’ll touch on the implementing regulations governing gift cards.

Additional topics for discussion include:

• Interest and fee waivers or rebates
• Temporary fee reductions
• Proximity and equal prominence requirements for promotional disclosures
• Account-opening disclosures for promotions offered at the POS
• Ability to pay and household income
• Billing errors
• Clarification of application of penalty fee rule
• Guidance on conducting rate reevaluations

BIO: Obrea O. Poindexter

Of Counsel, Morrison & Foerster

Obrea O. Poindexter is Of Counsel in the Washington, D.C. office of Morrison & Foerster. Ms. Poindexter's practice focuses on financial services law. Her practice includes advising clients on: financial privacy issues relating to the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act; consumer lending issues under the Truth in Lending Act and the Equal Credit Opportunity Act; electronic banking and payment system issues under the Electronic Funds Transfer Act (Regulation E) and the E-SIGN Act and other issues, including Internet taxation, bankruptcy reform and Internet gambling. Prior to joining Morrison & Foerster, Ms. Poindexter was a staff attorney for five years at the Board of Governors of the Federal Reserve System in the Division of Consumer and Community Affairs, where she focused on issues relating to electronic banking, privacy, and consumer lending and leasing.

Continuing Professional Education Credit

Delivery Method: Group Internet-based       CPE Credits: 1
Program Level: Overview       Prerequisites: None       Advance Preparation: None

Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasbatools.com.

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