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TREAS/OCC | RIN: 1557-AC88 | Publication ID: Spring 2005 |
Title: Fair Credit Reporting: Affiliate Marketing Regulations | |
Abstract: OCC, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Thrift Supervision (the Federal Banking Agencies), the National Credit Union Administration, and the Federal Trade Commission are planning to issue a rulemaking that would implement the affiliate-sharing provisions of section 214 of the Fair and Accurate Credit Transactions Act (FACT Act). The regulations would implement the consumer notice and opt-out provisions of the FACT Act regarding the sharing of consumer information among affiliates for marketing purposes. | |
Agency: Department of the Treasury(TREAS) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 12 CFR 41 | |
Legal Authority: 12 USC 1 et seq 12 USC 24 (seventh) 12 USC 93a 12 USC 481 12 USC 484 12 USC 1818 15 USC 1681a 15 USC 1681b 15 USC 1681s 15 USC 1681w 15 USC 6801 15 USC 6805 |
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
Agency Contact: Patrick T. Tierney Counsel Department of the Treasury Comptroller of the Currency Legislative and Regulatory Activities Division, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6291 Email: patrick.tierney@occ.treas.gov |