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Senate Passes Telemarketing Fraud Bill: The bill, which would increase federal enforcement and penalties for such fraud, was sent to President Clinton. It would require the Federal Trade Commission to enact regulations to prohibit fraud in telephone sales and to ban abusive telemarketing practices. It would also restrict the hours when telemarketing firms operate. Suits against telemarketing firms could be brought in federal court by state attorneys general and by the FTC, and private citizens could sue if their damages exceeded $50,000. The bill was approved by the House last week. Clinton is expected to sign it.
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