Compliance Question of the Week

What is the difference between the FACT Act rules for risk based pricing notices published by the Federal Reserve board (12 CFR 222) and those by the Federal Trade Commission (16 CFR 640)?

Answer: The rules are substantively similar.  Even the model forms are identical.

Related Links:

Fact Act – risk based pricing notices

Questions? Contact the Compliance Hotline: 1.800.546.4465, compliance@nwcua.org.

Posted in Awards, Compliance, Federal.