The 2007 changes to FACTA go live in November; details can be found here.
The 2007 amendment to the Fair and Accurate Credit Transactions Act (FACTA) (15 USC 1681m(e)) directed the Federal Trade Commission and 5 other federal agencies to establish Guidelines for financial institutions and creditors (as defined) to develop and implement a WRITTEN Identity Theft Program for new and existing accounts.
"Creditor" as defined in the Guidelines includes lenders such as banks, finance companies, automobile dealers, mortgage brokers, utility companies, and telecommunications companies.
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