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Anything marketed as an alternative to a checking account should fall inside Regulation E’s consumer fraud protections.

Drawn from what Patrick McKenzie said

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What Patrick McKenzie actually said

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  1. Patrick McKenzie

    Software engineer and writer, known online as patio11

    if it walks like a checking account, quacks like a checking account, and is marketed as an alternative to checking accounts, then it is almost certainly within Reg E scope

Added to korrents 7 Jan 2026 · How quotes work · Something wrong? Tell us

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