fair credit reporting act of 1971

• The Fair Credit Reporting Act

Employee fraud has increased in frequency and intensity during the past few years, leading employers to step up their use of background checks. These investigations provide opportunities for CPAs and forensic accountants, but they also present legal pitfalls if accountants are not familiar with (FCRA). Fraud does not discriminate and is found in all types of organizations. The FCRA, which took effect in 1971, was enacted to protect consumers from inaccurate or misleading credit reports and from unauthorized disclosure of information in the reports. Applying the FCRA to investigations conducted by accounting firms or fraud investigators may discourage companies from undertaking such investigations and could interfere with their effectiveness when they are pe...

• CPA Journal, The
• Vol. 80 Nbr. 12, December 2010

• Sorrell v. IMS Health Inc., 564 U.S. (2011)

... Id.,at 41. United Reporting is thus a case about the availability of facial ch...v. United States, 403 U. S.713 (1971) (per curiam). In Seattle Times, this Courtapp...S. 749,759 (1985) (plurality opinion) (credit report is "speech").Facts, after all, are the begi... their notions of expediency and fairness for thosewhich have guided the agencies to whom th...

• U.S. Supreme Court

• SIC 7323 Credit Reporting Services

... a contract with an independent company, Fair Isaac, which transposes the data into a credit sco...Section 602 of the 1971 Fair Credit Reporting Act regulates the credit rep...

• Encyclopedia of American Industries
• Service Industries

• Equal Credit Opportunity (Regulation B)

Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rulemaking authority for a number of consumer financial protection laws from seven Federal agencies to the Bureau of Consumer Financial Protection (Bureau) as of July 21, 2011. The Bureau is in the process of republishing the regulations implementing those laws with technical and conforming changes to reflect the transfer of authority and certain other changes made by the Dodd-Frank Act. In light of the transfer of the Board of Governors of the Federal Reserve System's (Board's) rulemaking authority for the Equal Credit Opportunity Act (ECOA) to the Bureau, the Bureau is publishing for public comment an interim final rule establishing a new Regulation B (Equal Credit Opportunity). This ...

... entities generally and created an Office of Fair Lending and Equal Opportunity within the Bureau to... final rule does not impose additional reporting, disclosure or other requirements beyond those pre...Duke Power Co., 401 U.S. 424 (1971), and Albemarle Paper Co. v. Moody, 422 U.S. 405 (...

• Federal Register Nbr. 76 FR 79442, December 21, 2011
• Rules and Regulations
• Consumer Financial Protection Bureau

• Fourteenth Amendment. Section 1: Privileges and immunities of citizenchip, due process and equal protection

...Valtierra, 402 U.S. 137 (1971) (a provision in a state constitution to the effec..., based on principles of "fundamental fairness," addresses which legal procedures are required to... of the enterprise, so as to maintain its credit and to attract capital." . Regulation of Public ..., and the Court also upheld mandatory reporting and record keeping for public health purposes with...

• Constitution of the United States (Annotated)

• Jerman v. Carlisle, McNellie, Rini, Kramer & Ulrich LPA, 559 U. S. (2010)

...The Fair Debt Collection Practices Act (FDCPA), 15 U. S. C...S. 558, 559, 563 (1971) (statute imposing criminal liability on those who... collectively known as the Consumer Credit Protection Act (CCPA) that now include the FDCPA. ... in Lending Act); §1681n (Fair Credit Reporting Act); 49 U. S. C. §32710 (Federal Odometer Discl...

• U.S. Supreme Court

• Terry S. Fischl, Plaintiff-Appellant, v. General Motors Acceptance Corporation, Defendant-Appellee., 708 F.2d 143 (5th Cir. 1983)

... furnish specific reasons for denying him credit, and to disclose that this denial was predicated i... on information derived from a credit reporting agency, violated the Equal Credit Opportunity Act ...Sec. 202, and the Fair Credit Reporting Act (FCRA), 15 U.S.C. Sec. 1681 e...410, 423 (1971). ...

• Federal Circuits

• Juynbolliana, gradualism, the Big Bang, and hadith study in the twenty-first century.

... to the Arabic ahadith) is an anecdote reporting that the Prophet Muhammad did or said something, o...(28) It is fair to assume that A'mash may be held responsible for ...To the author's great credit, he also has a section on the use of the sunna and...Wolfgang Behn. Leiden: E. J. Brill, 1971. . Gorke, Andreas. "The Historical Tradition about...

• The Journal of the American Oriental Society
• Vol. 130 Nbr. 3, July 2010

• 16 CFR 1.73 - Interpretations.

...Subpart H: Administration of the Fair Credit Reporting Act. 1.73 - Interpretations. (a)...[36 FR 9293, May 22, 1971]...

• Code of Federal Regulations - Title 16: Commercial Practices

• Securities fraud.

... market competition by mandating full and fair disclosure of all material information in the mark... in confidence, or entities developing a credit rating for the issuer. (244) . A key aspect of Reg...) Consequently, violations of technical reporting requirements can form the bases of criminal prosec...Colasurdo, 453 F.2d 585, 593 (2d Cir. 1971) (holding that defendant could not rely on the "no...

• American Criminal Law Review
• Vol. 47 Nbr. 2, March 2010