Overdrafts have long been a hotly debated topic in the financial services industry. As a result, there has been considerable regulation and guidance from federal regulators, as well as an abundance of lawsuits based on a variety of legal claims.

This course will help those responsible for or advising on overdraft compliance understand the applicable federal rules as well as the current legislative and litigation landscapes.What You'll Learn:Brief History of Events Leading up to the Overdraft Opt-In Rule

• Payment Order of Items Issue
  
• Early Agency Guidance on Overdrafts

Review of Regulation E Overdraft Opt-In Requirements

• Scope
  
• Timing
  
• Disclosures
  
• Additional Considerations

Existing Regulation DD Rules Affecting Overdrafts

• Periodic Statements
  
• Advertising Overdrafts

Definition and Exceptions

Disclosures

Recent Developments

• Overdraft Lawsuits
  
• Agency Overdraft Guidance