An amendment to the NACHA Operating Rules effective September 16, 2011, will allow originators to obtain oral authorization from a consumer over the telephone for a recurring-entry ACH transaction. NACHA Rules presently only allow originators to obtain telephone authorization for a singleentry ACH transaction in accordance with a previous version of the FRB’s Commentary on Regulation E. According to NACHA, this amendment is intended to align the NACHA Rules with Regulation E. Originators obtaining oral authorizations for recurring transactions will have to ensure that the oral authorizations comply with Regulation E’s writing and signature requirements for preauthorized transfers, and therefore the E-Sign Act.