Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: afrayem onigwecher who wrote (11464)	4/8/2003 8:13:35 PM
From: StockDung	Read Replies (1) of 19428

DON’T CALL US It will soon become easier to avoid annoying telemarketers – including brokers who are hawking services or stock. Starting this summer, consumers can sign up for a national “do not call” list which will block unwanted sales calls. The national list is the creation of the Federal Trade Commission which plans to offer online registration for the list beginning July 1, 2003. The F.T.C. also plans to establish a toll free telephone number for consumers who wish to add their name to the “do not call” list. Telemarketers who ignore the list will incur heavy fines - $1,000 for each violation. Those telemarketers will be required to purchase the list, and to check it every three months. Consumers who wish to remain on the list must renew their registration every five years. Telemarketing firms are up in arms about the new rules, claiming that it infringes upon their First Amendment right to free speech. Despite such protests, the plan is scheduled to be introduced on the West Coast in July and to become available nationwide by the end of August. One state, California, is off to a head start. A state run website, launched in late March, allows Californians to make their telephone numbers off limits to telemarketers. As many as 5 million Californians are expected to register; 180,000 signed up in the first two days. California will add those names to the F.T.C.’s national list once it becomes active. The national “do not call” list is likely to rein in many legitimate telemarketers. Unfortunately, unscrupulous individuals behind unlawful telemarketing schemes – including those using teams of telemarketers to “pump and dump” stock – are unlikely to respect the list or be deterred by potential fines. Stay tuned for more information. (4/8/2003)

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