Which regulation implements the Electronic Fund Transfer Act (EFTA)?

The correct answer is Regulation E, which specifically implements the Electronic Fund Transfer Act (EFTA). Regulation E was established to protect consumers in electronic fund transfer transactions, outlining their rights and responsibilities regarding electronic payments. This regulation addresses issues such as disclosure requirements, transaction limitations, and procedures for resolving errors and unauthorized transactions.

Regulation E plays a critical role in ensuring that consumers are fully informed about the terms and conditions associated with electronic payments, as well as establishing a framework for accountability in the event of disputes. By mandating protections for consumers, Regulation E helps maintain trust in electronic payment systems.

The other options refer to different regulations or parts of the Code of Federal Regulations that do not pertain specifically to the EFTA. For example, Regulation CC deals with funds availability and check holds, while Regulation D relates to reserve requirements for depository institutions. Title 31 CFR Part 210 covers electronic payments to the federal government but is not focused on the consumer protection regulations set forth in the EFTA.