Duly Noted
Friend or affiliate? The Federal Trade Commission approved a final rulemaking on affiliate marketing that requires a company using consumer information provided by an affiliate to give consumers notice and a reasonable opportunity to opt out of receiving marketing materials. The final rule is an amendment to the Fair Credit Reporting Act and will be effective January 1, 2008. It applies to information obtained from the consumer's transactions or accounts, credit reports and other third-party sources.
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