17 CFR 162.7: Reasonable and simple methods of opting out.
Where this section sits in the code
- Title 17—Commodity and Securities Exchanges
- CHAPTER I—COMMODITY FUTURES TRADING COMMISSION
- PART 162—PROTECTION OF CONSUMER INFORMATION UNDER THE FAIR CREDIT REPORTING ACT
- Subpart A—Business Affiliate Marketing Rules
(a) In general. A covered affiliate shall be prohibited from using eligibility information about a consumer received from an affiliate to make a solicitation to the consumer about the covered affiliate's financial products or services, unless the consumer is provided a reasonable and simple method to opt out, as required by this subpart.
(b) Examples. Reasonable and simple methods of opting out include:
(1) Designating a check-off box in a prominent position on an opt-out election form;
(2) Including a reply form and a self-addressed envelope (in a mailing);
(3) Providing an electronic means, if the consumer agrees, that can be electronically mailed or processed through an Internet Web site;
(4) Providing a toll-free telephone number; or
(5) Exercising an opt-out election through whatever means are acceptable under a consolidated privacy notice required under other laws.
(c) Specific opt-out method. Each consumer may be required to opt out through a specific method, as long as that method is acceptable under this subpart.
Collected 2026-08-27T02:24:31Z. Source file · JSON