The Federal Reserve Board issued a proposal Tuesday that would amend certain portions of its rules implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009.

The plan would clarify that promotional programs that waive interest charges for a specified period of time are subject to the same protections as promotions featuring reduced rates.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.