The Federal Reserve Board has proposed to revise the current standards for “clear and conspicuous” disclosures under five consumer protection regulations, and update guidance on consumers’ right to rescind a mortgage loan transaction. The proposal aims to set identical standards for lenders in disclosing information to consumers. Five regulations have been targeted for the proposed change: Regulation B (Equal Credit Opportunity Act); Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act); Regulation