Federal Reserve System September 28, 2007 – Federal Register Recent Federal Regulation Documents

Unfair or Deceptive Acts or Practices
Document Number: E7-19137
Type: Rule
Date: 2007-09-28
Agency: Federal Reserve System, Agencies and Commissions
The Board is publishing amendments to Regulation AA (Unfair or Deceptive Acts or Practices) to update the address where consumer complaints regarding a state member bank may be sent.
Equal Credit Opportunity
Document Number: E7-19136
Type: Rule
Date: 2007-09-28
Agency: Federal Reserve System, Agencies and Commissions
The Board is publishing amendments to Regulation B (Equal Credit Opportunity Act) to update the address where questions should be directed concerning creditors for which the Federal Reserve System administers compliance with the regulation.
Proposed Guidance on Garnishment of Exempt Federal Benefit Funds
Document Number: 07-4783
Type: Notice
Date: 2007-09-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, National Credit Union Administration, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency
The Agencies are proposing guidance entitled Garnishment of Exempt Federal Benefit Funds. This proposed guidance has been developed to encourage financial institutions to have policies and procedures in place with respect to handling garnishment orders and sets forth best practices, including procedures designed to expedite notice to the consumer of the garnishment process and release of funds to the consumer as quickly as possible.