Editor’s Note: Weekly Wrap is taking the week off to belatedly celebrate Cinco de Mayo. It will return next Friday.
The Federal Trade Commission recently sent letters to 10 data broker companies warning that their practices could violate the Fair Credit Reporting Act (FCRA) after a test-shopping operation by the FTC indicated the background screening companies were willing to sell consumer information without abiding by FCRA requirements.
It’s unclear what requirements they are accused of violating, but the commission included the following commentary in the release: (more…)