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cdru
Go Colts
Premium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
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reply to Steve

Re: Banks?

said by Steve:

The terms "financial institution" and "bank" do not appear in the regulation.
Your right. It doesn't appear in the regulation because the FTC doesn't have the authority to regulate banks, insurance companies, political pollsters, etc to begin with.

Karl's summary just points out that banks are among a group of callers that aren't covered under the rules that go into affect 9/1. amigo_boy See Profile said he didn't know where Karl was getting banks from. I supplied a link, the same link that Karl gave in the summary, that explicitly mentions banks as being excluded, plus additional information that banks were exempt from TSR already. What more do you want?


Steve
I know your IP address
Consultant
join:2001-03-10
Yorba Linda, CA
kudos:5

1 edit

said by cdru:

What more do you want?
Your "The FTC doesn't have the authority to regulate banks" is a lot more useful than saying "Banks aren't covered - take my word for it".

Thank you.

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