At the request of the Federal Trade Commission and the State of Florida, a federal court has temporarily shut down two massive telemarketing operations that conned tens of thousands of consumers out of more than $120 million by deceptively marketing computer software and tech support services. The orders also temporarily freeze the defendants’ assets and […]
Monthly Archives: November 2014
FTC Seeks Public Comment on Second AgeCheq, Inc., Proposal for Parental Verification Method Under COPPA Rule
CORRECTED: The deadline for comment related to this matter is Dec. 29, 2014. The release previously listed an earlier date. The Federal Trade Commission is seeking public comment on a proposed verifiable parental consent method that AgeCheq, Inc., has submitted for Commission approval under the agency’s Children’s Online Privacy Protection Rule. Under the rule, online […]
FTC Issues FY 2014 National Do Not Call Registry Data Book
The Federal Trade Commission today issued the National Do Not Call Registry Data Book for Fiscal Year 2014. The FTC’s National Do Not Call Registry lets consumers choose not to receive telemarketing calls. Now in its sixth year of publication, the Data Book contains a wealth of information about the Registry for FY 2014 (from […]
FTC Will Keep Retail Food Store Advertising and Marketing Practices Rule
The Federal Trade Commission has completed its review of the Retail Food Store Advertising and Marketing Practices Rule (the Unavailability Rule) and will keep it in its current form. The Unavailability Rule, issued in 1971, prohibits retail food stores from advertising prices for food, grocery products, or other merchandise unless they have the advertised products […]
Filing and Documentation Procedures for State Banks Engaging, Directly or Indirectly, in Activities or Investments that are Permissible for National Banks
FIL-54-2014 November 19, 2014 Filing and Documentation Procedures for State Banks Engaging, Directly or Indirectly, in Activities or Investments that are Permissible for National Banks Printable Format: FIL-54-2014 – PDF (PDF Help) Summary: A State bank (or its subsidiary) engaging in activities or investments (Activities) permissible for a national bank (or its subsidiary) should establish […]
Credit Risk Retention: Final Rule
FIL-55-2014 November 19, 2014 Credit Risk Retention: Final Rule Summary: The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the U.S. Securities and Exchange Commission, the Department of Housing and Urban Development, and the Federal Housing Finance Agency issued a final […]
FTC Issues Agency Financial Report for Fiscal Year 2014
The Federal Trade Commission’s Fiscal Year 2014 Agency Financial Report provides an overview of fiscal and key performance results that show how the agency has managed its resources. The report includes highlights from FTC programs, accomplishments in its mission of protecting consumers and promoting competition, and plans for addressing future challenges. The report also demonstrates […]
FTC Approves Final Consent Settling Charges that Made in USA Brand, LLC Deceived Consumers
Following a public comment period, the Federal Trade Commission has approved a final consent order settling charges that a company providing a “Made in USA” certification seal to marketers did so without verifying the companies’ Made in USA claims, or disclosing that the companies had certified themselves. First announced in July 2014, the settlement prohibits […]
TRUSTe Settles FTC Charges it Deceived Consumers Through Its Privacy Seal Program
TRUSTe, Inc., a major provider of privacy certifications for online businesses, has agreed to settle Federal Trade Commission charges that it deceived consumers about its recertification program for company’s privacy practices, as well as perpetuated its misrepresentation as a non-profit entity. TRUSTe provides seals to businesses that meet specific requirements for consumer privacy programs that […]
Settlement with the FTC and Florida Attorney General Stops Operations that Used Robocalls to Fraudulently Pitch Medical Alert Devices to Seniors
A settlement obtained by the Federal Trade Commission and the Office of the Florida Attorney General permanently shuts down an Orlando-based operation that bilked seniors by using pre-recorded robocalls to sell them supposedly free medical alert systems. The settlement order bans the defendants from making robocalls, prohibits other telemarketing activities, and bars them from making […]