Section 248.101 - Purpose and scope(a)Purpose. The purpose of this subpart is to implement section 624 of the Fair Credit Reporting Act, 15 U.S.C. 1681 , et seq. ("FCRA"). Section 624, which was added to the FCRA by section 214 of the Fair and Accurate Credit Transactions Act of 2003, Public Law 108-159 , 117 Stat. 1952 (2003) ("FACT Act" or "Act"), regulates the use of consumer information received from an affiliate to make marketing solicitations.(b)Scope. This subpart applies to any broker or dealer other than a notice-registered broker or dealer, to any investment company, and to any investment adviser or transfer agent registered with the Commission. These entities are referred to in this subpart as "you."