The Fed Board, in a rare live webcast board meeting, just approve the issuance of a proposal and request for comment that would become Regulation II, 12 CFR Part 235. [No, I don't know what's happened to HH.]

Reg II would implement new §920 of the EFT Act, added by §1095 of the Dodd-Frank Act, and set standards for debit interchange pricing and limit restrictions on transaction routing by networks or issuers.