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FRS RIN: 7100-AD43 Publication ID: Fall 2010 
Title: ●Regulation E--Electronic Fund Transfers Docket No. R-1377 
Abstract: On November 20, 2009, a notice of proposed rulemaking was published in the Federal Register for public comment (74 FR 60986). The Board is proposing to amend Regulation E, which implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation, which interprets the requirements of Regulation E. The proposal restricts a person’s ability to impose dormancy, inactivity, or service fees for certain prepaid products, primarily gift cards. In addition, the proposal generally prohibits the sale or issuance of such products if they have an expiration date of less than five years. The proposed amendments implement statutory requirements set forth in the Credit Card Accountability Responsibility and Disclosure Act of 2009 that are effective on August 22, 2010. 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: None     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 USC 1693b   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Comments Must be Received on or Before  12/21/2009  74 FR 60986   
Merged With 7100-AD47  12/21/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Ky Tran-Trong
Counsel
Federal Reserve System
Division of Consumer and Community Affairs,
Phone:202 452-3667

Vivian Wong
Senior Counsel
Federal Reserve System
Division of Consumer and Community Affairs,
Washington, DC 20551
Phone:202 452-3667

Mandie Aubrey
Counsel
Federal Reserve System
Division of Community and Consumer Affairs,
Washington, DC 20551
Phone:202 452-2595