The Federal Trade Commission will host a workshop in Washington, DC, on December 6, 2016, to examine changing consumer demographics and how they will affect the FTC’s work in the years ahead. According to the U.S. Census Bureau, the population is getting older and more racially and ethnically diverse. Understanding our changing communities will be […]
Monthly Archives: November 2016
Final Rule Creates New Prepaid Account Requirements Pursuant to the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)
FIL-76-2016 November 8, 2016 Final Rule Creates New Prepaid Account Requirements Pursuant to the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) Printable Format: FIL-76-2016 – PDF (PDF Help) Summary: The Consumer Financial Protection Bureau (CFPB) issued a final rule establishing new consumer compliance requirements for prepaid accounts pursuant […]
Final Guidance on the Uniform Interagency Consumer Compliance Rating System
FIL-75-2016 November 8, 2016 Final Guidance on the Uniform Interagency Consumer Compliance Rating System Printable Format: FIL-75-2016 – PDF (PDF Help) Summary: The Federal Financial Institutions Examination Council (FFIEC) is issuing final revisions to the Uniform Interagency Consumer Compliance Rating System (CC Rating System) to reflect the regulatory, supervisory, technological, and market changes that occurred […]
Final Guidance on the Uniform Interagency Consumer Compliance Rating System
FIL-75-2016 November 8, 2016 Final Guidance on the Uniform Interagency Consumer Compliance Rating System Printable Format: FIL-75-2016 – PDF (PDF Help) Summary: The Federal Financial Institutions Examination Council (FFIEC) is issuing final revisions to the Uniform Interagency Consumer Compliance Rating System (CC Rating System) to reflect the regulatory, supervisory, technological, and market changes that occurred […]
FTC Requires Parent Company of Bausch + Lomb to Divest Paragon
Canadian pharmaceutical conglomerate Valeant Pharmaceuticals International, Inc., parent of Bausch + Lomb, has agreed to divest Paragon Holdings I, Inc. to settle charges that its May 2015 acquisition of Paragon violated Section 7 of the Clayton Act and Section 5 of the Federal Trade Commission Act. Prior to the acquisition, both Valeant and an independent […]
FTC Charges Purported Insulated House Wrap Marketer with Making False Claims
The Federal Trade Commission has charged a Pittsburgh-based manufacturer, Innovative Designs, Inc., with making false and unsubstantiated claims that its Insultex House Wrap would save consumers money by providing significant insulation without using much space. According to the FTC, Innovative Designs claims its thinner, less-expensive, house wrap has an insulation value of R-3 and its […]
FDIC Announces a New Resource for Community Banks: Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies
FIL-73-2016 November 3, 2016 FDIC Announces a New Resource for Community Banks: Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies Printable Format: FIL-73-2016 – PDF (PDF Help) Summary: The Affordable Mortgage Lending Guide, Part II (Guide), describes programs offered by State Housing Finance Agencies across the country. The Guide focuses on first-lien mortgage […]
FTC to Host R&D Networking Event as Part of PrivacyCon 2017
As part of the Federal Trade Commission’s PrivacyCon forum in January, the FTC will host a privacy research and development networking event on Jan. 11, 2017, designed to provide a platform for government agencies and non-profits that fund or support privacy research to share information about their programs with researchers. The event, which will be […]
Sales Lead Generators Fined and Barred from Violating FTC’s Telemarketing Sales Rule
A collection of entities known as Consumer Education Group operating out of California and Colorado, has settled Federal Trade Commission charges that, between late 2013 and 2015, it made millions of illegal telemarketing calls to consumers on the national Do Not Call (DNC) Registry — including pre-recorded robocalls — as part of a campaign to […]
FTC and DOJ Seek Public Comment on Proposed Revisions to International Antitrust Guidelines
The Federal Trade Commission and the Department of Justice’s Antitrust Division seek public comment on proposed Antitrust Guidelines for International Enforcement and Cooperation, which update guidelines issued by the Agencies in 1995. The guidelines provide information to businesses concerning the Agencies’ antitrust enforcement policy with respect to international activities as well as their related investigative […]