FTC Recommends Steps to Improve Mobile Device Security Update Practices

A new Federal Trade Commission report finds that the complexity of the mobile ecosystem means that the security update process for patching operating system software on some mobile devices is intricate and time-consuming. While noting that industry participants have taken steps to streamline the process, the report recommends that manufacturers consider taking additional steps to […]

FTC Approves Sears Holdings Management Corporation Petition to Reopen and Modify Commission Order Concerning Tracking Software

Following a public comment period, the Federal Trade Commission has approved a petition by Sears Holding Management requesting that the FTC reopen and modify a 2009 FTC order settling charges that Sears failed to disclose adequately the scope of consumers’ personal information it collected via a downloadable software app. According to the administrative complaint leading […]

FTC to Release Annual Consumer Sentinel Data Book

The Federal Trade Commission will release its annual Consumer Sentinel Data Book summarizing consumer complaints about fraud, identity theft and other consumer concerns and will host a conference call for news media. WHEN: Thursday, March 1, 1 p.m. ET WHO:   Tom Pahl, Acting Director of the FTC’s Bureau of Consumer ProtectionMonica Vaca, Associate Director of […]

OCC Publication Focuses on Single-Family Rehabilitation Financing Programs

News Release 2018-21 | February 27, 2018 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) published the latest edition of its Community Developments Investments newsletter titled “Expanding Housing Opportunities: Single-Family Rehabilitation Financing Programs.” This edition of Community Developments Investments discusses how national banks and federal savings associations can help revitalize communities by […]

PayPal Settles FTC Charges that Venmo Failed to Disclose Information to Consumers About the Ability to Transfer Funds and Privacy Settings; Violated Gramm-Leach-Bliley Act

The Federal Trade Commission has reached a settlement with PayPal, Inc. over allegations that the company told users of its Venmo peer-to-peer payment service that money credited to their Venmo balances could be transferred to external bank accounts without adequately disclosing that the transactions were still subject to review and that funds could be frozen […]

FTC to Host Third PrivacyCon on February 28

WHAT: The Federal Trade Commission (FTC) to host the third annual PrivacyCon, which will focus on the economics of privacy. A student poster session featuring presentations from the next generation of privacy and data security researchers will coincide with PrivacyCon. WHEN: Wednesday, February 28, 9:15 a.m.-5:00 p.m. ET (Doors open for registration at 8:15 a.m.) […]

FTC Challenges Wilhelmsen Maritime Services’ Proposed Acquisition of Competitor Drew Marine Group

The Federal Trade Commission has issued an administrative complaint charging that Wilhelmsen Maritime Services’ proposed $400 million acquisition of Drew Marine Group would violate the antitrust laws by significantly reducing competition in an important market for marine water treatment chemicals and services used by global fleets. Marine water treatment chemicals and services are used by […]

FTC Posts Agenda for March 7 Workshop Examining the Contact Lens Marketplace and Proposed Changes to the Commission’s Contact Lens Rule

The Federal Trade Commission today posted the agenda for its upcoming workshop on the contact lens marketplace and proposed changes to the agency’s Contact Lens Rule. The event is on Wednesday, March 7, in Washington, DC, and is free and open to the public. It will be held at the FTC’s Constitution Center building, 400 […]

FTC Challenges Schemes That Target or Affect Senior Citizens

The Federal Trade Commission has taken legal action against two deceptive schemes that targeted or affected senior citizens with phony sweepstakes offers and bogus computer technical support services that tricked consumers out of tens of millions of dollars. The two cases were brought in conjunction with an enforcement sweep led by the U.S. Department of […]