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Home » Store » News » Alert: Mandatory Compliance with Reg B Kicks in on Tax Deadline

Alert: Mandatory Compliance with Reg B Kicks in on Tax Deadline

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Mandatory compliance with the Federal Reserve Board’s revised Equal Credit Opportunity Act regulations, or Regulation B, is fast approaching. The revised rules were published last March and slated to become effective the following April. However, the mandatory compliance date was moved to April 15, 2004, to give banks enough time to adjust their systems.
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