The Federal Trade Commission has extended the deadline for submitting comments on the Fair and Accurate Credit Transactions Act of 2003 (FACTA) Proposed Affiliate Rule. The new deadline is Aug. 16.
The section up for comment calls for the FTC, along with the National Credit Union Administration, and the Securities and Exchange Commission, to coordinate their regulations regarding consumer “opt out” before companies are allowed to use certain information provided by affiliates to market their products or services.
Comments can be filed electronically at http://www.regulations.gov.
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