Bank of America agrees to pay Missouri $195k for do-not-call violations
Consumers who signed up for the state's list complained they received solicitations from the company, one of the nation's four largest banks, prompting the Missouri Attorney General to reach an Assurance of Voluntary Compliance (AVC) saying the bank would stop.
In addition to the fine, the bank also has to maintain better oversight of its telemarketing program. Terms include:
- Dedicating an employee to manage the program and to make employees aware of no-call regulations.
- Placing importance on reporting no-call violations.
- Monitoring employees to make sure solicitations are appropriate.
- Enforce disciplinary action if someone calls people on the list.
To sign up for the national do-not-call list, go to the Federal Trade Commissions' National Do Not Call Registry online. If you live in Missouri, sign up or report a violation at 1-866-buzzoff.