Third‐Party Investigations and the Fair Credit Reporting Act
George R. Kramer
(Vice president and associate general counsel at the Securities Industry Association in Washington, D.C.)
55
Abstract
This article discusses a recent interpretation of the Fair Credit Reporting Act by the Federal Trade Commission. Under this interpretation, a range of potentially onerous requirements may be triggered when third parties are used to investigate potential employee misconduct. This article particularly focuses on how this interpretation might conflict with a broker‐dealer's compliance obligations.
Citation
Kramer, G.R. (2000), "Third‐Party Investigations and the Fair Credit Reporting Act", Journal of Investment Compliance, Vol. 1 No. 3, pp. 45-53. https://doi.org/10.1108/eb045886
Publisher
:MCB UP Ltd
Copyright © 2000, MCB UP Limited