Description
Gain a better understanding of the applicable federal rules as well as the current legislative and litigation landscapes.Overdrafts have long been a hotly debated topic in the financial services industry. As a result, there has been considerable regulation and guidance from federal regulators, as well as an abundance of lawsuits based on a variety of legal claims. This course will help those responsible for or advising on overdraft compliance understand the applicable federal rules as well as the current legislative and litigation landscapes.
Date: 2022-08-09 Start Time: End Time:
Learning Objectives
Brief History of Events Leading up to the Overdraft Opt-In Rule
• Payment Order of Items Issue
• Early Agency Guidance on Overdrafts
Review of Regulation E Overdraft Opt-In Requirements
• Scope
• Timing
• Disclosures
• Additional Considerations
Existing Regulation DD Rules Affecting Overdrafts
• Periodic Statements
• Advertising Overdrafts
Definition and Exceptions
Disclosures
Recent Developments
• Overdraft Lawsuits
• Agency Overdraft Guidance
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Therese Kieffer-Wolters Kluwer Financial Services, Karl Leslie – Wolters Kluwer Financial Services
