A.5 Consumer Protection Laws Flashcards
A part of the Gramm-Leach-Bliley Act that requires financial institutions to provide their customers with a privacy notice explaining the institution’s information-sharing practices.
Financial Privacy Rule
A.5 Consumer Protection Laws
A federal law that governs warranties on consumer products and requires warranties to be clear and easy to understand.
Magnuson-Moss Warranty Act
A.5 Consumer Protection Laws
A federal law that authorizes the creation of the national Do-Not-Call registry and imposes penalties for violations of the registry.
Do Not Call Implementation Act
A.5 Consumer Protection Laws
A federal law that provides data privacy and security provisions for safeguarding medical information.
Health Insurance Portability and Accountability Act (HIPAA)
A.5 Consumer Protection Laws
A federal law that imposes certain requirements on operators of websites or online services directed to children under 13 years of age, and on operators of other websites or online services that have actual knowledge that they are collecting personal information online from a child under 13 years of age.
Children’s Online Privacy Protection Act (COPPA)
A.5 Consumer Protection Laws
A federal law that restricts telemarketing calls, the use of automatic telephone dialing systems, prerecorded voice messages, SMS text messages, and fax machines.
Telephone Consumer Protection Act (TCPA)
A.5 Consumer Protection Laws
A federal law that makes it a federal crime to commit identity theft and establishes penalties for those who violate it.
Identity Theft and Assumption Deterrence Act
A.5 Consumer Protection Laws
A federal law that governs leases of personal property to protect consumers from unfair leasing practices.
Consumer Leasing Act (CLA)
A.5 Consumer Protection Laws
A federal law designed to protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors.
Fair Credit Billing Act (FCBA)
A.5 Consumer Protection Laws
A federal law that protects consumers when they transfer funds electronically, including through ATMs, point-of-sale transactions, and automated clearing house systems.
Electronic Fund Transfer Act (EFTA)
A.5 Consumer Protection Laws
A federal law that aims to curb unfair and deceptive practices by credit card issuers.
Credit Card Accountability Responsibility and Disclosure Act (CARD Act)
A.5 Consumer Protection Laws
A federal law that requires financial institutions to explain how they share and protect their customers’ private information.
Gramm-Leach-Bliley Act (GLBA)
A.5 Consumer Protection Laws
A comprehensive and complex piece of financial regulation passed in 2010 in response to the financial crisis of 2008, aimed at reducing risks in the financial system.
Dodd-Frank Wall Street Reform and Consumer Protection Act
A.5 Consumer Protection Laws
A federal law that helps consumers become better shoppers for settlement services and eliminates kickbacks and referral fees that unnecessarily increase the costs of certain settlement services.
Real Estate Settlement Procedures Act (RESPA)
A.5 Consumer Protection Laws
A federal law that requires financial institutions to provide mortgage data to the public.
Home Mortgage Disclosure Act (HMDA)
A.5 Consumer Protection Laws
