This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

FCC Gives You Power to End Robocalls

NEW YORK ( MainStreet) -- It's bad enough getting an unwanted call from a telemarketer, but even more annoying when what's on the other end of the line is a pre-recorded message.

The good news is that the government just took a decisive step in regulating "robocalling." Under rules issued Wednesday by the Federal Communications Commission, telemarketers will be required to get express written consent from consumers before they're allowed to make robocalls. Telemarketers will also be forbidden from claiming that consent is implied due to a prior business relationship with the consumer -- for instance, if you've done business with an Internet provider.

Here are answers to some questions you might have about the rules.

The FCC just passed new rules making it harder for telemarketers to leave you a pre-recorded message.

If I give consent, can I change my mind?
While we can't imagine many people will choose to opt in to getting robocalls from telemarketers, if you do decide you'd like to hear what a company has to say and later change your mind, you'll be able to take your number off the list. "Should consumers change their minds and decide that they no longer want to receive even those calls, they will soon be able to easily opt out at any point during a call through the automated functionality we now require," explained commissioner Mignon L. Clyburn in a statement.

When will the rules go into effect?
Before the rules can become official, the Office of Management and Budget must publish approval in the Federal Register. Once that happens, the clock starts ticking: Telemarketers will have exactly 12 months to implement the rule requiring express written consent from consumers, and the "prior business relationship" exemption will be phased out during the same period. But another deadline will come more quickly for robocallers: Within 90 days of the rules becoming official, telemarketers will have to implement the interactive mechanism that allows consumers to opt out of getting robocalls.

>>Finding Unclaimed Cash

What if a telemarketer breaks the rules?
If after 90 days you get a robocall without an opt-out mechanism, or after 12 months you get a robocall you didn't consent to, your best bet is to complain directly to the FCC. Visit FCC.gov/complaints, select the "Telemarketing, Prerecorded Messages, Caller ID Spoofing and Do-Not-Call" option, and follow the instructions to file your complaint.

Are any robocalls exempt?
The rules apply only to telemarketers, which means certain classes of robocalls will still be allowed. For instance, if your pharmacy wants to inform you that your prescription is available, it may use an automatic calling service, as can public schools that wish to inform you of school closings. And calls made by charities or political campaigns will still be legal under the rules, with or without your consent.

>To submit a news tip, email: tips@thestreet.com.

Follow TheStreet on Twitter and become a fan on Facebook.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs