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Your Voice: NAID Responds to FTC’s FATCA Comment Request

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Dec. 1, 2016

In September, the U.S. Federal Trade Commission (FTC) announced that it was seeking comments on specific issues related to the Disposal Rule contained in the Fair and Accurate Credit Transaction Act (FATCA) from stakeholders as part of the periodic review of such regulations. The comment period officially closed November 21. 
The FTC’s specific requests included:
  • Feedback on the Disposal Rule’s economic impact
  • Effects of technological changes since the Rule took effect in 2005
  • Whether the definition of “consumer information” should be expanded to include aggregate information or data that can be reasonably linked to an individual
NAID’s full multi-page comment is available in the forthcoming edition of NAIDnews that will out next week.