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“The Small Bank Exemption to Dodd-Frank’s Swipe Fee Regulations: “Honor-All-Cards” Contractual Provisions May Not Protect Small Banks”

On April 4, 2011 by Schnader

Stephen J. Shapiro, co-chair of the Firm’s Financial Services Litigation Practice Group, authored the article “The Small Bank Exemption to Dodd-Frank’s Swipe Fee Regulations: “Honor-All-Cards” Contractual Provisions May Not Protect Small Banks,” published in Bloomberg Law Reports – Banking & Finance, Vol. 4. No. 4. The article discusses the amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act authored by Senator Richard Durbin and the effect it may have on smaller banks.