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For the Federal Reserve employees who are diligently reviewing comment letters regarding the proposed regulation on interchange, it might have seemed like they were living in the movie Groundhog Day. As we go to print, nearly 250 comment letters were posted to the Fed’s website regarding the proposal. There was also this little nugget:

“The board has received more than 2,124 form letters on this proposal that are not being posted. The attached file (39.7 KB PDF) contains examples of the content of six different form letters.”

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