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Effective Date Set for FTC Amendments to Prescreen Opt-Out Notice Requirements

An FTC final rule amending the Commission's requirements for entities using information from customer reports for unsolicited credit or insurance advertising was published in the Federal Register.

The amendments, which correspond to amendments to the Fair Credit Reporting Act and reestablish and modify a model prescreen opt-out notice, will go into effect on October 13, 2021.

Primary Sources

  1. Federal Register: Prescreen Opt-Out Notice Rule

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Tags

Regulated Activities
Capital Structure Credit Reporting Suitability and Consumer Protection
Sub-Activity
FCRA
Regulated Entities
Commercial Companies Creditors / Lenders
Body of Law
Commerce
Jurisdiction
US - Federal
Organization
Other Author Organizations
Sub-Author
FTC