CUNA staff outlined some of the requirements of the July 2015 TCPA order in a meeting this week with the staff of FCC Chair Ajit Pai, explaining how they are making it difficult for credit unions to communicate with members.
CUNA urged the FCC to reject a petition seeking adoption of a rule that would change the definition of “prior express consent” regarding the TCPA, because it fails to prove the FCC has exceeded its authority.
Credit unions and small banks have been plagued by the July 2015 TCPA order from the FCC, CUNA and the ICBA wrote Wednesday. The organizations wrote leaders of the Senate Commerce Committee, and a House Energy and Commerce subcommittee.
Two items of interest to credit union have comments due this month, and CUNA will be weighing in on each with its own comment letter. The first involves the TCPA, the second the DOL's delay of its fiduciary rule.
Flaws present in the Federal Communications Commission’s implementation of the Budget Act mirror the flaws of the agency’s July 2015 TCPA order, CUNA wrote Wednesday. CUNA submitted comments on a petition for reconsideration.
CUNA will comment on a petition seeking clarifications on the Telephone Consumer Protection Act exemption for calls collecting debt owed to or guaranteed by the federal government, and will also address additional credit union concerns.
Oral arguments in the lawsuit challenging the 2015 Telephone Consumer Protection Act order began Wednesday in the D.C. Circuit Court of Appeals. CUNA filed an amicus brief in the case, and attended opening arguments.
Oral arguments begin Oct. 19 in the case brought against the Federal Communications Commission’s July 2015 order that creates restrictions for contacting members, for credit unions subject to the Telephone Consumer Protection Act. CUNA staff will attend.
Legislators and witnesses expressed many of the same concerns with the Telephone Consumer Protection Act that CUNA has raised, showing how the act is in need of modernization. The TCPA was enacted in 1991.
The discussion boards on CUNA’s Compliance Community featured an interesting discussion last week: what is the difference between the terms “share draft” and “checking account”? The correct use is important since credit unions pay dividends, not interest.