Federal regulators have issued new rules that allow operators to remove signs about fees and charges and replace them with touch-screen notifications. Financial institutions and trade groups lobbied Congress for the rule change last year, arguing that the placards had become a costly anachronism that opened them up to frivolous lawsuits. Congress passed an amendment to the Electronic Fund Transfer Act in December that ordered regulators to make the change. The new rules from the Consumer Financial Protection Bureau still require that all ATM fees be disclosed before a consumer makes a transaction.
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