FIL-54-2017 October 23, 2017 FDIC Announces Webinar on Financial Education and Financial Empowerment Resources that Support People with Disabilities Printable Format: FIL-54-2017 – PDF (PDF Help) Summary: The FDIC is co-hosting a webinar with the Consumer Financial Protection Bureau (CFPB) on November 15, 2017, from 2:00 p.m. to 4:00 p.m. Eastern Time. The webinar will […]
Monthly Archives: October 2017
Liquidity Coverage Ratio: Frequently Asked Questions
FIL-53-2017 October 23, 2017 Liquidity Coverage Ratio: Frequently Asked Questions Printable Format: FIL-53-2017 – PDF (PDF Help) Summary: The Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (collectively, the agencies) are issuing the attached FAQ document to address questions received […]
Victory Media Settles FTC Charges Concerning Its Promotion of Post-Secondary Schools to Military Consumers
The Federal Trade Commission and Victory Media, Inc. have reached a proposed administrative consent agreement resolving allegations that Victory Media violated Section 5 of the FTC Act in connection with its promotion of post-secondary schools to military consumers. Victory Media reaches servicemembers through its magazines G.I. Jobs, the Guide to Military Friendly Schools, and Military […]
FTC Announces Agenda for Second Economic Liberty Public Roundtable
The Federal Trade Commission’s Economic Liberty Task Force has announced the agenda for its second roundtable in Washington, DC on November 7, 2017, to examine empirical evidence on the effects of occupational licensing. Acting Chairman Maureen K. Ohlhausen will give opening remarks at the November 7 roundtable, “The Effects of Occupational Licensure on Competition, Consumers, […]
FTC Announces Agenda for November 8 Workshop on Examining Competition Issues Related to Prescription Drug Markets
The Federal Trade Commission has announced an agenda for its upcoming workshop on competition issues related to prescription drug markets. The workshop, titled “Understanding Competition in Prescription Drug Markets: Entry and Supply Chain Dynamics,” will take place on November 8, 2017 at the FTC’s Constitution Center Auditorium, 400 7th St., SW, Washington, DC. The event […]
Statement of Acting FTC Chairman Maureen K. Ohlhausen on First Annual Review of EU-U.S.-Privacy Shield
Acting Federal Trade Commission Chairman Maureen K. Ohlhausen has issued the following statement regarding the release of the European Commission’s Report on the first annual review of the EU-U.S. Privacy Shield Framework. “We welcome the positive outcome of the first EU-U.S. Privacy Shield Annual Review. Enforcing international privacy frameworks such as Privacy Shield is an […]
FTC Obtains Court Order Against Scheme that Sold Fake Payday Loan Debt Portfolios
The Federal Trade Commission has obtained a $4.1 million judgment and a ban on handling certain sensitive financial information about consumer debts against an operation that sold lists of fake payday loan debts to debt collectors. A federal court issued a default judgment granting what the FTC sought in a complaint filed in 2016. The […]
FDIC Releases Interagency Designated Key HMDA Data Fields List
FIL-51-2017 October 17, 2017 FDIC Releases Interagency Designated Key HMDA Data Fields List Printable Format: FIL-51-2017 – PDF (PDF Help) Summary: The Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are issuing designated key Home Mortgage Disclosure Act […]
U.S. District Court Rules in FTC’s Favor, Imposes $40 Million Judgment Against Weight-Loss Supplement Marketers for Order Violations
A federal district judge in Atlanta has issued an order finding several defendants, including repeat offender Jared Wheat, in contempt for violating previous court orders related to the sale of weight-loss dietary supplements. The order imposes a more than $40 million judgment against the defendants, part or all of which the Federal Trade Commission may […]
FTC, State Law Enforcement Partners Announce Nationwide Crackdown on Student Loan Debt Relief Scams
The Federal Trade Commission, along with 11 states and the District of Columbia, today announced “Operation Game of Loans,” the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams. This nationwide crackdown encompasses 36 actions by the FTC and state attorneys general against scammers alleged to have used deception and false […]