Understanding Federal Credit Card Reform

This product provides feedback from leading legal advisors on the reasons behind new credit card reform and the impact these changes will have on credit card issuers across the country. A series of legislative and regulatory changes in 2009, including the Credit Card Accountability Responsibility and Disclosure Act, have led to significant new compliance requirements for credit card issuers. The authors analyze the changes that have already been made, share strategies for assisting clients in adopting these changes, and speculate on what the future holds for credit card industry regulation.