NEWSWATCH

Retail associations last week applauded President Obama's signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The new law will for the first time regulate debit-card interchange fees set by banks and credit-card companies. Retailers and their customers are winners today, said Leslie G. Sarasin, president and chief executive officer,

INTERCHANGE RULES SIGNED INTO LAW

WASHINGTON — Retail associations last week applauded President Obama's signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The new law will for the first time regulate debit-card interchange fees set by banks and credit-card companies. “Retailers and their customers are winners today,” said Leslie G. Sarasin, president and chief executive officer, Food Marketing Institute, in a prepared statement. “We applaud the President f

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