WASHINGTON—The Federal Communications Commission (FCC) has issued an order codifying exemptions to the Telephone Consumer Protection Act.
Under the order, the FCC has established an exception to noncommercial calls to residential lines, with a limit of three calls within any consecutive 30-day period.
NAFCU noted it is among the organizations that have previously opposed the placement of a numerical limitation on the number of exempted informational calls or exempted financial institution calls.
For financial institutions, the exemption only applies to calls or texts related to fraudulent transactions, security data breaches and identity theft.
The order will be effective 30 days from publication in the Federal Register. Compliance with the new requirements for noncommercial calls will be required in six months, NAFCU said.