CAN-SPAM Act for Compliance Professionals

This course provides the background and history of the CAN-SPAM Act. Compliance professionals will learn about their role in ensuring CAN-SPAM compliance. The course also explains the difference between a transactional and a commercial email, and the requirements for a CAN-SPAM compliant email. In addition, the course examines special cases, how CAN-SPAM regulations apply, and the penalties for noncompliance.

What You’ll Learn

After completing this course, students will be able to:

• Explain the reason the CAN-SPAM Act was enacted
• Explain your role in ensuring compliance with the Act
• Describe the difference between a transactional and a commercial email
• Explain the requirements for a CAN-SPAM compliant email
• Describe special cases and how CAN-SPAM regulations apply
• Explain penalties for noncompliance

Audience

Compliance and risk management professionals including compliance managers, officers, and other team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, and auditors.

Course Credits

ABA Professional Certifications: 0.75 CFMP, CRCM

Your Instructor

David McCrea, CRCM
Founding Principal
CompAssured

David McCrea is the Founding Principal of CompAssured, a compliance consulting firm that partners with financial technology (fintech) companies and financial institutions to simplify compliance. He is experienced in consumer and regulatory compliance, remediation, Bank Secrecy Act/Anti-Money Laundering (BSA/AML), operations, vendor management, security, and fraud/loss control. 

Prior to founding CompAssured LLC, David worked at advisory firms providing consulting and audit services to financial institutions and fintechs. Services included remediation, audits, training programs, and CMS/Audit/Risk programs. David managed U.S. and U.K. compliance for an international financial industry software company and has experience managing compliance and operations at community banks.

David currently serves as a Faculty Member of the American Bankers Association’s (ABA) Compliance School, an Advisory Board Member of the ABA Bank Compliance Magazine, and an instructor for an Executive Development Program. David is also a frequent speaker for state banking associations and other industry groups.