I logged in as administrator to Magento backend and trying to reset password for some customers.
I have disabled password protection from Configuration -> Customers -> customer configuration. so it look like this in my admin,
I have cleared cache. But I still get the same error "Too many password reset requests, please wait and try again".
What did I miss?
Best Answer
I had similar issue but for me there was an option where I can set the minimum Time between password reset requests as shown below.
In my case, it was set to 10 min. After I change it to 0 the issue was resolved.
The configuration exists in the same path as you have mentioned but not sure why you do not have this configuration in your Magento.