July 9, 2009
Connecticut Gov. Jodi Rell on Wednesday signed legislation to increase regulation of credit card marketing focused on college students. The legislation:
- Prohibits credit card companies from marketing during orientation and class registration periods.
- Requires companies to distribute credit management education materials along with marketing materials.
- Bars companies from offering gifts at athletics events.
- Bars colleges from selling student names and addresses to credit card companies.
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