Managers, Start Your Shredders!
By Nick Infusino, Small Businesses editor, at Law & Entrepreneurship News :
“Recently written rules for the Fair and Accurate Credit Transactions Act (FACTA) will require every employer that employs one or more employees to shred any and all documents that contain information derived from a credit report. (Reported by USA Today, 1/14/05). These provisions will go into effect on June 1, 2005. Penalties for failing to obey the shredding provisions could be severe. (more…)
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