FTC Approves Procedure for Submitting Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance

The Federal Trade Commission has approved an alternative procedure for the production of customer information in connection with the FTC study on the effect of credit-based insurance scores on the availability and affordability of homeowners insurance. The FTC is required to conduct the study under Section 215 of the Fair and Accurate Credit Transactions Act […]

FTC Approves Procedure for Submitting Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance

The Federal Trade Commission has approved an alternative procedure for the production of customer information in connection with the FTC study on the effect of credit-based insurance scores on the availability and affordability of homeowners insurance. The FTC is required to conduct the study under Section 215 of the Fair and Accurate Credit Transactions Act […]

FTC Will Grant Three-Month Delay of Enforcement of Red Flags Rule Requiring Creditors and Financial Institutions to Adopt Identity Theft Prevention Programs

The Federal Trade Commission will delay enforcement of the new “Red Flags Rule” until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. For entities that have a low risk of identity theft, such as businesses that know their customers personally, the Commission will […]

FTC Will Grant Three-Month Delay of Enforcement of Red Flags Rule Requiring Creditors and Financial Institutions to Adopt Identity Theft Prevention Programs

The Federal Trade Commission will delay enforcement of the new “Red Flags Rule” until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. For entities that have a low risk of identity theft, such as businesses that know their customers personally, the Commission will […]

FTC Issues Final Rules Amending Parts 3 and 4 of the Agency’s Rules of Practice

The Federal Trade Commission today adopted as final the interim rules amending Parts 3 and 4 of the agency’s Rules of Practice that were announced last December, and also further amended several rules and eliminated one. The amendments are designed to streamline and improve the agency’s “Part 3” adjudicative proceedings. They expedite the prehearing, hearing, […]

FTC Issues Final Rules Amending Parts 3 and 4 of the Agency’s Rules of Practice

The Federal Trade Commission today adopted as final the interim rules amending Parts 3 and 4 of the agency’s Rules of Practice that were announced last December, and also further amended several rules and eliminated one. The amendments are designed to streamline and improve the agency’s “Part 3” adjudicative proceedings. They expedite the prehearing, hearing, […]

FTC Obtains $18.9 Million Judgment Against Ponzi Scheme Operators

At the request of the Federal Trade Commission, a federal court has imposed a judgment of $18.9 million against operators of an “Internet kiosk” business opportunity scam, clearing the way for the FTC to distribute more than $2 million to the victims of their illegal Ponzi scheme.The court found that the operators of the scam […]

FTC Announces Agendas for Resale Price Maintenance Workshops in May

The Federal Trade Commission today announced the agendas for the next two in its series of public workshops on resale price maintenance (RPM). Panels will focus on the history of the practice, empirical evidence on the effects of RPM, and how it should be analyzed under the antitrust laws. The agendas, which are posted on […]

FTC Announces Agendas for Resale Price Maintenance Workshops in May

The Federal Trade Commission today announced the agendas for the next two in its series of public workshops on resale price maintenance (RPM). Panels will focus on the history of the practice, empirical evidence on the effects of RPM, and how it should be analyzed under the antitrust laws. The agendas, which are posted on […]

FTC Charges Marketers of Hoodia Weight Loss Supplements With Deceptive Advertising

The Federal Trade Commission has charged the suppliers of supposed Hoodia gordonii, also known as hoodia, with deceptive advertising for claiming that using their product would lead to weight loss and appetite suppression. In its complaint, the FTC alleges that the defendants not only made false and deceptive claims about what hoodia could do, but […]