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FDIC | RIN: 3064-AC83 | Publication ID: Spring 2007 |
Title: Fair Credit Reporting Affiliate Marketing Regulations | |
Abstract: OCC, FRB, FDIC, OTS, and NCUA are publishing for comment proposed regulations to implement the affiliate marketing provisions in section 214 of the Fair and Accurate Credit Transactions Act of 2003, which amends the Fair Credit Reporting Act. The proposed regulations generally prohibit a person from using information received from an affiliate to make a solicitation for marketing purposes to a consumer, unless the consumer is given notice, an opportunity, and a simple method to opt out of the making of such solicitations. | |
Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 334 | |
Legal Authority: 12 USC 1818 to 1819 (Tenth) 15 USC 1681b 15 USC 1681s |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: http://www.fdic.gov/regulations/laws/federal/propose.html | |
Agency Contact: Richard M. Schwartz Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-7424 Email: rischwartz@fdic.gov |