Blayne V. Scofield | Bloomberg Law First Premier Bank v. United States Consumer Financial Protection Bureau, No. 11-cv-04103, 2011 BL 244598 (D.S.D. Sept. 23, 2011) On September 23, 2011 the U.S. District Court for the District of South Dakota issued a preliminary injunction to block a rule issued by the Board of Governors of the Federal Reserve System (FRB).1 The rule was slated to take effect on October 1, 2011.
CARD Act Restricted Fees After Account Opening, FRB Rule Regulated Fees Prior to Account Opening
Court Blocked Rule
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