- December 6, 2012
- Posted by: John Fischer
- Category: Accredited Investors
In 1991, our president passed public law 102-243, also known as the Telephone Consumer Protection Act or the Do Not Call act. It laid the groundwork for consumers’ rights in regards to telephone solicitations. Some of the strategies being used that suddenly had restrictions placed on them were autodialers, fax transmissions and prerecorded messages. In 2003, as technology and society changed to meet the new century, a new president signed Public Law No. 108-10, also known as the Do-Not-Call Implementation Act of 2003. In support of this, the FTC opened up the National Do Not Call Registry. This registry was further ammunition in the consumer’s battle against unsolicited solicitations, and allowed people to place their phone number in a database, and that number could not be called by telemarketers. Since 2003, several revisions to the regulation have been put in place to fine tune the protection offered to the individual consumer. In addition to the federal DNC regulations, each individual state has its own set of governing guidelines as well, and some of them are possibly even more complex than the federal regulations (Massachusetts DNC compliance regulations are a great example ), forcing markete rs to re-examine the viability of some of their ventures. There are 14 states that have their own DNC registry that must be purchased as well as a registration process before any calls can be made to residents of that state.
A few of the exceptions to the DNC Implementation Act are:
- The registry only applies to residential lines, not to business lines.
- A person can still receive calls from political organizations.
- A person can still receive calls from charities.
- A person can still receive calls from those conducting surveys.
- A person can still receive calls from companies with which he or she has an existing business relationship for up to 18 months after his or her last purchase, payment, or delivery from it, unless person specifically asks the company not to call again.
- A person can still receive calls from a company up to three months after submitting an application or inquiry to that company, unless the company is specifically asked not to call.
- A person can still receive calls from bill collectors. These callers are regulated by other federal laws
AccreditedInvestorLeads.com has been at the hard edge of Do Not Call (DNC) compliance since the regulations were first introduced in 2003. Our methods of double scrubbing data allow us to ensure that all information is current and that all investor leads are in compliance with federal and individual state DNC regulations. The last sentence in the last paragraph “There’s a lot of work that goes into this sort of data refinement, but when it’s you that is on the phone, we’re sure you’ll appreciate the stringent practices followed at AccreditedInvestorLeads.com.
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