New FTC Rule Requires Destruction of Sensitive Personal Documents

by Sabrina I. Pacifici on June 2, 2005

Press release from the FTC, June 1, 2005: “Beginning today, a new federal rule will require businesses and individuals to take appropriate measures to dispose of sensitive information derived from consumer reports. Any business or individual who uses a consumer report for a business purpose is subject to the requirements of the Disposal Rule, a part of the Fair and Accurate Credit Transactions Act of 2003 (FACTA), which calls for the proper disposal of information in consumer reports and records to protect against unauthorized access to or use of the information.”

  • The FTC’s Disposal Rule became effective June 1, 2005. It was published in the Federal Register on November 24, 2004 [69 Fed. Reg. 68,690]
  • FTC Business Alert – Disposing of Consumer Report Information? New Rule Tells How
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