Has anyone found any analysis on this proposed rule - my take on it is that it will effectively put us out of the international wire transfer business for consumer wires.
Remittance Transfers
On May 12, 2011, the Board requested comment on a proposed rule that would amend Regulation E, as required by the Dodd-Frank Act, to create new protections for consumers who send remittance transfers to recipients located in a foreign country. More specifically, it would require new disclosures from remittance transfer providers (including information about fees and the exchange rate) and would provide error resolution and cancellation rights for senders of remittance transfers.

ABA has one from May 2011, if you are a member.

Here's one from the law firm of Morrison & Foerster. http://www.mofo.com/files/Uploads/Images...e-Transfers.pdf

Great - Thanks
Not an ABA member so can't access that one.