WSR 15-16-062 PREPROPOSAL STATEMENT OF INQUIRY DEPARTMENT OF FINANCIAL INSTITUTIONS (Division of Consumer Services) [Filed July 30, 2015, 11:14 a.m.]
Subject of Possible Rule Making: Amending the rules (chapter 208-630 WAC) under the Check Cashers and Sellers Act (chapter 31.45 RCW).
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 43.320.040, 31.45.200, proposed in compliance with OFM Guidance 3e, dated October 12, 2011.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The rules must be amended to aid the regulated industries by putting them on notice of federal laws they must comply with, having consistent rules, and to make technical changes for clarity and consistency.
Process for Developing New Rule: Negotiated rule making.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Sara Rietcheck, Division of Consumer Services, P.O. Box 41200, Olympia, WA 98504-1200, phone (360) 902-8793, e-mail sara.rietcheck@dfi.wa.gov. Sign up for the GovDelivery e-mail subscription system from the department of financial institutions (DFI) web site (www.dfi.wa.gov). Access the rule-making page on the DFI web site.
July 30, 2015
Charles Clark, Director
Division of Consumer Services
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