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FDIC | RIN: 3064-AC83 | Publication ID: Spring 2008 |
Title: Fair Credit Reporting Affiliate Marketing Regulations | |
Abstract: OCC, FRB, FDIC, OTS, and NCUA published its final rule 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 final rule 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: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
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 | |
RIN Data Printed in the FR: No | |
Agency Contact: April Breslaw Acting Associate Director Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-6609 David P. LaFleur Policy Analyst Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-6569 Ruth Amberg Senior Counsel Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-3736 Richard M. Schwartz Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-7424 Email: rischwartz@fdic.gov |