President Obama signed the Credit Card Accountability Responsibility and Disclosure Act of 2009 or “CARD Act” on May 22, 2009. The legislation aims, “…to establish fair and transparent practices relating to the extension of credit under an open end consumer… Continue reading this article, and get more legal news and information, at FindLaw.com

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Business Credit Cards Exempted from CARD Act

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As small business lending is drying up, a lot of banks are offering more credit cards for businesses. CNN reports that banks are offering more credit cards for businesses in lieu of traditional small business loans. In fact, JPMorgan and…

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More Credit Cards for Businesses as Loans Dry Up

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The SEC has been getting down to business this week, and it could mean a whole new fall wardrobe line for Wall Street.

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