Did you know there is a new law to protect consumers from fraud and 98% of the consumers and businesses know nothing about it?
In January 2014 the Consumer Financial Protection Bureau will be enforcing a new provision from the Dodd-Frank Act which requires businesses to have in place a system that detects and prevents fraud against consumers.
Any business that accepts a financial transaction is required to comply with these laws or be subject to fines and penalties.
The law is in place for the consumer to protect them from being a victim of fraud.
We are preparing a radio broadcast on www.blogtalkradio.com which will better explain these laws and regulations and will give you a chance to call in also with questions or comments. I will post the airning date and time shortly.
In January 2014 the Consumer Financial Protection Bureau will be enforcing a new provision from the Dodd-Frank Act which requires businesses to have in place a system that detects and prevents fraud against consumers.
Any business that accepts a financial transaction is required to comply with these laws or be subject to fines and penalties.
The law is in place for the consumer to protect them from being a victim of fraud.
We are preparing a radio broadcast on www.blogtalkradio.com which will better explain these laws and regulations and will give you a chance to call in also with questions or comments. I will post the airning date and time shortly.
