What is one restriction placed on solicitors under the Telephone Consumer Protection Act?

Prepare for the Fincert Certified Personal Financial Counselor (CPFC) Exam with flashcards and multiple-choice questions. Each question is complemented by hints and explanations. Get exam-ready today!

Under the Telephone Consumer Protection Act (TCPA), one significant restriction imposed on solicitors is that they must provide the name of the entity they are calling for. This requirement is in place to enhance transparency and protect consumers from unsolicited and potentially deceptive calls. When consumers are informed of the entity behind a call, they have better context for deciding whether to engage with the caller or hang up.

The law mandates that telemarketers identify themselves and the organization they represent at the beginning of a call, making it easier for consumers to recognize legitimate companies from potential scams. This also serves the purpose of allowing individuals to make informed choices regarding their privacy and the calls they choose to answer.

Other options do not align with the regulations established by the TCPA, which restricts the times calls can be made and does not permit unsolicited faxes, thereby prioritizing consumer protection.

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