Regulation Z advertising management practices The first edition of the Fed’s Consumer Compliance Outlook has been released, with the main article addressing Regulation Z’s advertising requirements. The article explains the requirements that apply to all types of credit, then discusses the requirements specific to open-end and closed-end credit, and concludes with ways a credit union may manage advertising risks. What I found most interesting about this article was the section about effective practices to manage Regulation Z advertising risks, so this blog will summarize the practices discussed in the article. However, if the credit union is looking for guidance with specific Regulation Z advertising issues, this article, along with our NAFCU Ad Guide are fantastic resources for understanding what a credit union must include when advertising credit products.