Regulation AA

DEFINITION of 'Regulation AA'

A regulation designed to address practices by banks that are perceived as unfair by consumers. Regulation AA establishes the procedures used to process complaints registered by bank customers. This regulation applies to state member banks only.

BREAKING DOWN 'Regulation AA'

Regulation AA was created in response to numerous consumer complaints that were not being addressed in an orderly manner. Consumers who have complaints about their bank should send them to the Director of the Division of Community Affairs at the Board of Governors in Washington, DC.

RELATED TERMS
  1. Federal Reserve Regulations

    Rules put in place by the Federal Reserve Board to regulate the ...
  2. Revenue Cap Regulation

    A form of economic regulation generally applied to utility companies. ...
  3. Regulation I

    A regulation set forth by the Federal Reserve. Regulation I stipulates ...
  4. Regulation F

    A regulation set forth by the Federal Reserve. Regulation F specifies ...
  5. Regulation 9

    A regulation that permits national banks to open and operate ...
  6. Regulation P

    One of the regulations set forth by the Federal Reserve. Regulation ...
Related Articles
  1. Economics

    The Pitfalls Of Financial Regulation

    Regulatory actions usually have lofty intentions that end up with unintended and negative consequences.
  2. Options & Futures

    Get To Know These Crucial US Options Market Regulations

    How are options regulated in the U.S and which organizations are involved in options market regulations?
  3. Economics

    Financial Regulations: Glass-Steagall to Dodd-Frank

    Here are some of the most important financial regulations that have been established.
  4. Insurance

    Free Markets: What's The Cost?

    Some argue that when the free market fails to protect consumers, government regulation is required.
  5. Personal Finance

    When Financial Regulators Let You Down

    Although financial industry regulations are tightening up, under past rules financial regulators have failed those they're tasked with protecting.
  6. Investing News

    What Alcoa’s (AA) Breakup Means for Investors

    Alcoa plans to split into two companies. Is this a bullish catalyst for investors?
  7. Stock Analysis

    What Do AA+ And AAA Credit Ratings Mean?

    Whether you held a AAA or AA+ rating, the difference didn't seem to matter to Mr. Market on Monday.
  8. Insurance

    What To Do When Your Insurance Company Won't Pay

    Struggling to get a claim honoured? Find out what you can do.
  9. Personal Finance

    How Will Bank Regulation Affect British Banks?

    We look at the proposed changes to Britain's banking system, and see whether it will be able to stay competitive.
  10. Economics

    What is Regulation W?

    Regulation W sets the terms for transactions between banks and their affiliates.
RELATED FAQS
  1. To what extent does government regulation impact the electronics sector?

    Learn more about production regulation in the electronics industry and how these regulations may contribute to lesser productivity ... Read Answer >>
  2. What are key government regulations that affect investing in the banking sector?

    Discover how the global financial crisis of 2008 changed the face of banking in the United States and around the world by ... Read Answer >>
  3. How are international investment banking practices regulated?

    See which international organizations are responsible for overseeing and regulating global investment banks, including the ... Read Answer >>
  4. Should mutual funds be subject to more regulation?

    Understand whether mutual funds need stricter regulation. Learn what types of current and future regulations have been put ... Read Answer >>
  5. Why is the capital adequacy ratio important to shareholders?

    Understand what the capital adequacy ratio is and why it is a very important metric of financial soundness for evaluating ... Read Answer >>
  6. What's the difference between investment banks and commercial banks?

    Understand the principal differences between investment banks and commercial banks, and the areas of banking services that ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center