Credit card submission agreement rules may be temporarily benched

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Jane PannierIt’s a red-letter day when a cumbersome process is retired for the new and improved. The CFPB has recognized the glitches with the portion of Regulation Z that requires credit card issuers to post their open-end consumer credit card submission agreements on their websites and to submit a copy of those agreements to the CFPB on a quarterly basis. [12 CFR 1026.58(c)] At present, card issuers submit copies of their agreements manually by email. CFPB staff members then manually review, catalog, and upload the new or revised agreements to the CFPB’s website and remove outdated agreements.New Credit Card Submission Agreement RulesThe CFPB is now working to develop a more streamlined and automated electronic submission system that would allow card issuers to upload agreements directly to the CFPB’s website.While this development is underway, the CFPB is proposing to temporarily suspend the requirement that you submit your credit card agreements for a period of one year (four quarterly submissions). continue reading »last_img read more


NBA suspends season, Clippers won’t experience games without fans

first_img Clippers hope they can play to their capabilities, quell Mavericks’ momentum Game 4 photos: Luka Doncic, Mavs shock Clippers in overtime The Clippers (44-20) were scheduled to host the Nets (30-34) on Friday at Staples Center as public health emergencies have been declared in Los Angeles, Riverside and San Bernardino counties and officials have confirmed the first Coronavirus death and a total of 29 infections in L.A. County.“It’s all very strange and awkward,” Golden State coach Steve Kerr said Tuesday. “We are just going to do what we are told to do and go from there.”“All we do is read and hear about it all,” Rivers said. “We are getting great stuff from our league and they are trying to educate us to the best of their capabilities, but we still don’t know and if I could advise anyone it is to be cautious. We just don’t know, and don’t think you know.”The NBA announced Monday that it was barring non-essential staff from locker rooms after previously recommending that players should stick to fist bumps with fans and avoid taking items such as pens and balls to autograph.The Clippers were scheduled Thursday to hold their first non-game media availability since the introduction of the new guidelines on Monday, when teams were instructed to establish a buffer of at least 6 feet between players and reporters. For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory The decision to take all the precautions came when the game between the Jazz and the Oklahoma City Thunder at Chesapeake Energy Arena was abruptly canceled just before it was set to tip off. Soon thereafter, the NBA announced that it would go on hiatus following tonight’s action to determine its next steps.Losing games is expected to incur losses in the hundreds of millions of dollars for the league.On Tuesday, in their final game before the season was suspended, the Clippers walloped the host Warriors 131-107 before a smaller-than-usual crowd at Chase Center – “I was surprised that there were that many fans,” Clippers coach Doc Rivers told reporters at the game, which was played before large pockets of empty seats. The following morning, Golden State officials met with San Francisco Mayor London Breed before announcing that they would bar fans from a home game, starting with Thursday’s previously scheduled contest against the Brooklyn Nets.Clippers forward Paul George said Tuesday night he was prepared to play on – with or without a crowd.“We are no different, everyone is pretty much worried about the virus,” George said. “It makes no difference, we have a job to do, just like everybody else has a job to do and they go out and do their job. Clippers’ Paul George: ‘If I make shots, this series could be a little different’ center_img Newsroom GuidelinesNews TipsContact UsReport an Error “If it’s fans or it isn’t fans, we play ball. We hoop and we’ll go with it.”Kawhi Leonard acknowledged that it would be strange to perform in an empty arena.“It would probably feel like a scrimmage or an open scrimmage,” said Leonard, who scored 23 points in 25 minutes on Tuesday. “I’m not sure how the feel would be. It would be very different if it comes to that. Hopefully, the fans aren’t mad or anything; I think it’s just up to (the NBA league office) and also the fans as to whether they wanna come to the game or not.”Now, no one will gather at NBA games – in line with a recommendation from Dr. Anthony S. Fauci, the director of the National Institute of Allergy and Infectious Diseases, told lawmakers at a congressional hearing Wednesday that he recommended the NBA play games without crowds because of the fast-moving outbreak.Related Articles When the World Health Organization declared the global coronavirus crisis to be a pandemic on Wednesday, the agency’s leader Tedros Adhanom Ghebreyesus fretted about “the alarming levels of inaction” around the globe.The NBA took action Wednesday night – after Utah Jazz center Rudy Gobert preliminarily tested positive for COVID-19, the league said in a statement.Following the announcement earlier Wednesday that all of the Division I men’s and women’s NCAA Tournament basketball games will be staged in arenas without fans, there was a report from ESPN that the NBA was said to be weighing whether to follow suit and announce that it too will continue playing and televising games during the coronavirus crisis, albeit in largely empty arenas, or whether it would take a hiatus for a period of time.“If you’re gonna take precautions … take all the precautions,” Clippers guard Lou Williams tweeted before the decision Wednesday. What the Clippers are saying the day after Luka Doncic’s game-winner tied series, 2-2 last_img read more