Fed Board Update: Customary and Reasonable Fees

As implementation of Dodd-Frank takes effect, the Federal Reserve Board shed light regarding the implementation of the customary and reasonable fee provision of the legislation. The Federal Reserve Board, tasked with implementing the landmark Dodd-Frank Financial Reform legislation passed last year, laid out its guidance in the “Interim Final Rule” (IFR) published in October 2010 (find… Read More

Link to IFR Comments

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View Comments sent to the Federal Reserve Board regarding the interim final rule http://www.federalreserve.gov/generalinfo/foia/index.cfm?doc_id=R%2D1394&doc_ver=1 Click to view the Dodd-Frank Act Click to view the IFR View the IFR on appraisal independence: http://www.federalreserve.gov/newsevents/press/bcreg/20101018a.htm Read More