• Date Due: December 01, 2026
  • Author: Office of the Attorney General and Department of Law
  • Enabling Authority: Chapter 576 Enactment Clause 1. (Regular Session, 2026)
  • Description:
    Review of the findings and recommendations of the work group convened to (i) review the Electronic Funds Transfers Act (EFTA), 15 U.S.C. § 1693 et seq., and regulations implementing the EFTA, including Regulation E, 12 C.F.R. Part 1005; (ii) assess reports of fraudulent activity that relies on the use of electronic fund transfers; and (iii) develop recommendations to aid individuals in the Commonwealth in preventing and mitigating fraudulent activity in electronic fund transfers to supplement the requirements of the EFTA, including fraudulent activity such as impersonation scams, phone and digital fraud schemes, and other misrepresentations designed to induce individuals into financial fraud.