New Law in Connecticut Limits Credit Card Marketing
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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