Fair and Accurate Credit Transactions Act Final Interagency Regulations on Affiliate Marketing

Fair and Accurate Credit Transactions Act (FACTA)Federal Deposit Insurance Corporation (FDIC)General Information

The FDIC, the other federal financial institution regulatory agencies, the Securities and Exchange Commission, and the Federal Trade Commission have jointly published the attached final rules to implement the affiliate marketing provisions of the Fair Credit Reporting Act (FCRA) as amended by the Fair and Accurate Credit Transactions Act (FACT Act.) The final rules implement Section 214 of the FACT Act, which generally prohibits a person from using information received from an affiliate to make a solicitation for marketing purposes to a consumer, unless the consumer

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