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MoFo Reenforcement The Enforcement Blog

A Closer Look at DOD’s New Guidance on the Military Lending Act Regulations

Posted in Fair Lending, Military Issues, Regulatory Developments

On August 26, 2016, the DOD issued an interpretive rule (the “Interpretive Rule”) providing guidance on the DOD’s regulations implementing the Military Lending Act. That same day, we published a high-level summary of the Interpretive Rule, noting that the Interpretive Rule aims to clarify certain ambiguities in the DOD’s July 2015 final rule. In this alert, we take a closer look at the interpretive rule, which is presented in a series of 19 questions and answers.

Read our client alert.