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Reply To: Rescission – Intended for Jack

#5281
jholzknecht
Keymaster

This is a fairly low risk violation for two reasons:
1) This situation does not arise very often; and
2) Even though you bank is violating the law, you are in compliance with the regulation, which provides a great defense if your bank gets sued.

I would keep it on your TO DO list, but eliminate higher risk concerns before you take on this item.