Regulation M

Fed Increases Reg Z and Reg M Dollar Thresholds

On June 13, the Fed amended Regulation Z, which implements the Truth in Lending Act, and Regulation M, which implements the Consumer Leasing Act, by increasing the dollar threshold for exempt consumer credit and lease transactions under both regulations from $50,000 to $51,800. These adjustments will be effective on January 1, 2012. Fed Release. Regulation Z Amendment. Regulation M Amendment.

Reg Z and Reg M Proposals

On December 13, in accordance with the Dodd-Frank Act, the Fed proposed rules to amend Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) to apply to consumer credit transactions and consumer leases of up to $50,000 (up from $25,000), effective July 21, 2011. Comments must be submitted by the later of February 1, 2011 or 30 days after publication of the proposals in the Federal Register. Fed Release. Reg Z Proposal. Reg M Proposal.