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FTC RIN: 3084-AB19 Publication ID: Fall 2016 
Title: Telemarketing Sales Rule 
Abstract:

Following a public comment period, the Commission amended the Telemarketing Sales Rule (TSR) on December 14, 2015, to define and prohibit the use of certain payment methods in all telemarketing transactions; expand the scope of the advance fee ban for recovery services; and clarify certain provisions of the Rule (80 FR 77520). For inbound or outbound telemarketing transactions by telemarketers and sellers, the amendments prohibit novel payment methods that are difficult to trace and hard for people to reverse.  The prohibited payment methods include remotely created checks, remotely created payment orders, cash-to-cash money transfers, and cash reload mechanisms. While addressing changes in the financial marketplace to ensure consumers remain protected by the TSR’s anti-fraud provisions, the amendments are narrowly tailored to allow for innovations with respect to other payment methods that are used by legitimate companies.  

In a separate proceeding, on August 11, 2014, the Commission initiated periodic review of this rule and solicited public comments (79 FR 46732). The comment period as extended closed on November 13, 2014 (79 FR 61267). Staff anticipates making a recommendation to the Commission by July 2017.

 
Agency: Federal Trade Commission(FTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: Undetermined 
EO 13771 Designation: uncollected 
CFR Citation: 16 CFR 310   
Legal Authority: 15 U.S.C. 6101 to 6108    15 U.S.C. 41 to 58   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/19/2009  74 FR 41988   
NPRM Comment Period End  10/09/2009    
NPRM Comment Period Extended  10/15/2009  74 FR 52914   
NPRM Extended Comment Period End  10/26/2009    
Public Forum  11/04/2009    
Final Rule  08/10/2010  75 FR 48458   
Technical Correction to Final Rule  08/24/2010  75 FR 51934   
Effective Date  09/27/2010    
Effective Date (Advance Fee Ban)  10/27/2010    
ANPRM (Caller ID)  12/15/2010  75 FR 78179   
NPRM (Anti-Fraud)  07/09/2013  78 FR 41200   
Closure of Proceeding (Caller ID)  12/20/2013  78 FR 77024   
Rule Review, Request for Public Comment  08/14/2014  79 FR 46732   
Rule Review Comment Period Extended  10/10/2014  79 FR 61267   
Rule Review Extended Comment Period End  11/13/2014 
Final Rule (Anti-Fraud)  12/14/2015  80 FR 77520   
Recommendation to Commission (Rule Review)  07/00/2017 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: Undetermined 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Karen Hobbs
Attorney
Federal Trade Commission
600 Pennsylvania Avenue, NW., CC-8528,
Washington, DC 20580
Phone:202 326-3587
Email: khobbs@ftc.gov