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ARTICLE · 04 NOVEMBER 2013

CFPB Seeks Comment on Unused Gift Card Balances

Waller Lansden Dortch & Davis
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The CFPB is taking comments on its draft strategic plan for 2013-18

United StatesConsumer Protection
Rebecca Howald
Rebecca Howald
Derek Edwards
Derek Edwards

CFPB Seeks Comments on its Draft Strategic Plan

The CFPB is taking comments on its draft strategic plan for 2013-18. The draft strategic plan is available at http://www.consumerfinance.gov/strategic-plan/ and the CFPB would like the public to email comments to [email protected] by October 25, 2012. The strategic plan is a broad overview of the CFPB's goals in the coming years and does not contain specific regulations.  Nevertheless, Waller encourages its financial service clients to weigh in and comment on the plan. 

CFPB Seeks Comment on Unused Gift Card Balances

by: Christopher A. Wilson

The Consumer Financial Protection Bureau ("CFPB") is currently soliciting comments for consideration as to whether certain unclaimed property provisions in Maine and Tennessee regarding unused balances remaining on gift cards issued by merchants (a) are inconsistent with, and therefore preempted by, gift card expiration provisions in the federal Electronic Fund

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