The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

OFFICIAL STAFF COMMENTARY Definition & Legal Meaning

Definition & Citations:

The Federal reserve’s commentary that provides an explanation of the interpretations of regulations while acting as a guide to consumer’s exercise of rights. The format of the commentary follows that of a question and answer. It focuses on relevant aspects of the consumer protection regulation. Until today, the commentaries have ranged from Regulation E pertaining to electronic transfer funds, and Regulation Z which talks about consumer credit.


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