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FACTA Disposal Rule on Track for Release

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In a recent issue of NAIDDirect™, it was mentioned that an FTC official had indicated there may be some delay in the release of the FACTA Disposal Rule.

NAIDDirect™ is happy to update all readers that about a week ago, Joel Winston, Associate Director for Financial Practices at the FTC, spoke at a financial group lunch. While saying that many FACTA rules were behind schedule, he suggested that the disposal rule would be out soon.

It would actually work to the industry’s benefit if the Disposal Rule provision is released before the other 18 FACTA provisions because it could stand to gain more attention as a result.

That is great news for the secure destruction industry.

There is a feature article on NAID’s strategy for making the most of the FACTA Disposal Rule in the December 2004 issue of NAIDnews™, set for distribution in four weeks.