Credit

The CARD Act of 2009: The Regulation That Keeps On Giving

May 19, 2010
Ken Paterson
Aaron McPherson
The credit card industry might have breathed a collective sigh of relief when the main implementation deadline of February 22, 2010 was in the rear view mirror. The operative word is "might." The third installment of Fed revisions to Reg Z take hold on August 22, 2010, and promise some complex changes likely to further affect issuers' pricing models. Will that date be the endpoint for CARD Act implications? Not by a long shot.

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