Which regulation implements the Truth in Lending Act?

The regulation that implements the Truth in Lending Act is Regulation Z. This regulation is essential as it establishes the framework for disclosing the terms and costs associated with consumer credit. It aims to promote transparency in lending by ensuring that borrowers are informed about the true cost of credit, including interest rates, fees, and other terms associated with loans.

Regulation Z requires lenders to provide clear and concise information about credit terms in a standard format, allowing consumers to compare different credit offers easily. This disclosure requirement is crucial for helping consumers make informed decisions when borrowing money. The regulation also protects consumers from deceptive lending practices by mandating specific disclosures that must be made before a loan agreement is finalized.

In contrast, the other regulations listed address different areas of financial regulation. Regulation A pertains to exemptions for certain securities offerings, Regulation D deals with rules regarding private placements of securities, and Regulation X refers to the Real Estate Settlement Procedures Act (RESPA), which addresses issues related to settlement services in real estate transactions. Therefore, Regulation Z is specifically tied to the Truth in Lending Act, making it the correct answer.