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Provisions of New Fair and Accurate Credit Transactions Act Will Help Reduce Identity Theft and Help Victims Recover: FTC
The Federal Trade Commission today said that provisions of the recently enacted Fair and Accurate Credit Transactions Act will help reduce identity theft and help victims recover. In testimony to the House Ways and Means Committee’s Subcommittee on Social Security, Howard Beales, Director of the FTC’s Bureau of Consumer Protection, said that many of the provisions will go into effect over the course of this year.