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Advanced Search What's New · What's Next · Site Map · A-Z Index · FAQs · Careers About the Fed News & Events Testimony and Speeches Press Releases Conferences Monetary Policy Banking Information & Regulation Payment Systems Economic Research & Data Consumer Information Community Development Reporting Forms Publications Home > News & Events > 2007 Banking and Consumer Regulatory Policy Press Release Print Release Date: June 28, 2007 For immediate release The Federal Reserve Board on Thursday announced its approval of a final rule to create an exception for transactions of $15 or less from Regulation E's requirement that receipts be made available to consumers for transactions initiated at an electronic terminal. Regulation E implements the Electronic Fund Transfer Act. The rule is intended to facilitate the ability of consumers to use debit cards in retail environments where making receipts available may not be practical or cost effective. The effective date of the final rule is thirty days from the date of publication in the Federal Register, which is expected shortly. The Federal Register notice is attached. Federal Register Notice 66 KB PDF | TEXT 2007 Banking and Consumer Regulatory Policy Last update: June 28, 2007 Home | News & Events Accessibility Contact us External Linking Policy FOIA PDF Reader