July 28, 2002

Compliance Reporter
http://www.compliancereporter.com
Broker/Dealers

Compliance Vendor, VeriSign Offer Do-Not-Call Compliance Service

Call Compliance has entered into a partnership with VeriSign aimed at easing broker/dealer compliance with do-not-call lists that are required under self-regulatory organization and state rules. The alliance will deploy TeleBlock, which screens and blocks all calls against do-not-call lists, nationally. The deployment will allow firms in areas where they did not have access to the service in the past to get it through their local telephone carriers. Joseph Sanscrainte, director of Regulatory Affairs at Call Compliance, said firms will no longer have to wait for the vendor to individually sign up a firm's local carrier for the service.

A chief compliance officer at a mid-sized firm in New York said he was unaware of phone carriers providing do-not-call list compliance except at high prices and with lists that might not contain enough phone numbers that he would consider useful. The officer said he uses an in-house system and subscribes to applicable state-do-not-call lists that he adds to his own firm's list.

Sanscrainte said his vendor sells the TeleBlock service to local phone companies, which in turn provide it to firms, often as a value-added service at no additional charge. Penny Thomas, VeriSign spokeswoman, did not comment by press time.

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