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FTC amends the Telemarketing Sales Rule
On November 18, 2015 the FTC announced changes to the Telemarketing Sales Rule (“TSR”). The FTC’s changes are primarily directed towards protecting consumers from fraud, including by prohibiting telemarketers from using certain payment methods that legitimate telemarketing businesses don’t use, but con artists have been known to exploit. These payment methods include: remotely created checks, remotely created payment orders, cash-to-cash transfers, and cash reload mechanisms.
The FTC also modified the TSR to:
Most of the changes to the TSR will become effective 60 days after publication. The full text of the FTC’s final rule is available here.