Under new law, floating checks no longer float
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Last week, for example, the Rainier Valley mother mailed her payment check to the bank before Sept. 1, knowing that the Postal Service probably would deliver it in a couple of days.
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WASHINGTON -- Federal securities regulators are moving to ease some financial-control rules for thousands of smaller public companies at the same time they look to stiffen requirements for individuals to invest in fast-growing hedge funds.
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Changes are bringing Americans closer to a checkless society -- changes that could be costly if you aren&#39;t careful. The first checks in the United States were
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A federal law known as Check 21 takes effect today, and whether that&#39;s cause for celebration or commiseration is a matter of much debate.
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New UK tax rules intended to eradicate a multi-billion pound fraud come into effect today.
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WASHINGTON - New federal overtime rules are in effect today, stripping overtime rights from some workers and granting them to others.
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Â· Change backed by police and civil rights groupsÂ· New review to examine practicality and safeguards
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Consumers who have become used to writing checks in the expectation of having at least a couple of days to cover them with a deposit may soon be in for a rude awakening.
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Consumer advocates are urging bank customers to be more careful about the checks they write now that new federal regulations designed to speed up check processing have taken effect.
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The practice of &quot;floating&quot; a check until payday will become a thing of the past Oct. 28, when the new federal Check Clearing for the 21st Century
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WASHINGTON -- A senior Justice Department official says laws and other limits enacted since three terrorism suspects were waterboarded have eliminated the technique from what is now legally allowed.
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A landmark day in our nation&#39;s history is fast approaching -- and no, it isn&#39;t Nov. 2. The new Check 21 law takes effect Oct. 28.
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A federal law known as Check 21 takes effect Thursday, and whether that&#39;s cause for celebration or commiseration is a matter of much debate.
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The Check Clearing for the 21st Century Act, or Check 21, will supposedly revolutionize the check-clearing process. It is the most significant change since banks actually started clearing checks.
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I&#39;ve been explaining quite a bit of late about a new federal law that allows banks to convert your checks to digital images. Banks aren&#39;t the only businesses using electronic means to process paper checks.
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A new law strengthens protections amid increasing signs of restiveness among tens of millions of migrant laborers.
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Oct. 26, 2004 -- Consumers who rely on the float period (the lag time between when a check is deposited and when the funds clear) to get by every month are soon going to find themselves out of luck.