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URL:  http://boards.fool.com/there-is-a-law-either-in-us-code-or-more-likely-10114992.aspx

Subject:  Re: Providian Date:  2/26/1998  11:10 AM
Author:  CarlosKB Number:  760 of 308232

There is a law (either in U.S. Code or more likely the federal regulations) which requires a phone solicitor to stop calling if a request is made like Costas'. You only have to ask once and it can be prompted by just one call.

Remedies for violations is limited. Million dollar damage awards like the woman received who spilled hot coffee on herself in the McDonalds drive-thru should not be anticipated. Initial relief is injunctive and the violator would have to pay fines to the FTC for any similar future misdeeds.


I haven't studied the applicable statute since law school so I welcome any corrections to the above. It could have changed somewhat or my memory may be hazy.

Tom

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