Finance & markets · 30/04/2007

Federal Reserve Board Proposes Amendments to Regulation B to Simplify Electronic Disclosures

The Federal Reserve Board is proposing to withdraw portions of the 2001 interim final rules for electronic delivery of disclosures, aiming to reduce confusion and simplify Regulation B, which implements the Equal Credit Opportunity Act, and to provide clearer guidelines for electronic disclosures in consumer financial services regulations.