QuestionQ108

Federal Privacy Laws

Which of the following federal agencies does not enforce the Disposal Rule under the Fair and Accurate Credit Transactions Act (FACTA)?

  • A The Office of the Comptroller of the Currency
  • B The Consumer Financial Protection Bureau
  • C The Department of Health and Human Services
  • D The Federal Trade Commission
Explanation

The Disposal Rule concerns the secure disposal of consumer-report information under FACTA/FCRA and is handled by the FTC and the applicable financial regulators, including the OCC; the CFPB also has FCRA enforcement authority within its jurisdiction. The Department of Health and Human Services administers health-information privacy requirements such as HIPAA, rather than enforcing FACTA’s Disposal Rule.

Learn more

Community Discussion

No comments yet. Be the first to start the discussion!