In the last year, new federal rules under the Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act have become effective. These rules restrict cross-marketing by financial institutions and other companies; impose new requirements on companies that use credit reports; and require lenders and others to establish new fraud prevention programs. In addition, a spate of federal court decisions interpreting the increasingly complex provisions of the FCRA and FACT Act has been issued.

These new rules and court decisions present challenges and opportunities for lenders, insurers, securities firms and other financial institutions. This teleconference will provide an update of important FCRA and FACT Act developments, as well as insight into the long-term impact of these developments on industry participants and how they are responding.

Faculty: Andrew M. Smith, Morrison & Foerster LLP

Verification and Attendance is the responsibility of Lorman Education For credit questions, please contact Lorman at 866-352-9540

On Demand CLE Hours: AK 1.5, AZ 1.5, CA 1.5, IL 1.5, MO 1.8, MT 1.5, ND 1.5, PA 1.5, TN 1.5, VT 1.5, WA 1.5, WV 1.8

Self-Study CLE Hours: AK 1.5, AZ 1.5, CA 1.5, CO 2, GA 1.5, ME 1.5, MO 1.8, MT 1.5, ND 1.5, NV 1.5, OR 1.5, TX 1.5, UT 1.5, VT 1.5, WA 1.5, WV 1.8

On demand orders placed on a weekend or holiday will be fulfilled on the next business day.