Online Talent Search Company Settles FTC Allegations it Collected Children’s Information without Consent and Misled Consumers

A web-based talent search company has agreed to pay $235,000 in civil penalties to settle Federal Trade Commission charges that it failed to obtain parental consent before collecting personal information from children, and that it misled consumers about the benefits of its premium paid services. The FTC’s complaint against Nevada-based Prime Sites, Inc. alleges that […]

FTC Staff Perspective Examines Key Financial Issues That Affect Military Consumers

A new Staff Perspective, a paper by the Federal Trade Commission’s Bureau of Consumer Protection, examines financial issues that can affect military consumers, including servicemembers, veterans, and their families, when they are purchasing and financing a car, dealing with debt collectors, or making credit decisions, as well as their legal rights and remedies, and strategies […]

Community Bank Webinar: Implementation Examples for the Current Expected Credit Losses Methodology (CECL)

FIL-8-2018 February 2, 2018 Community Bank Webinar: Implementation Examples for the Current Expected Credit Losses Methodology (CECL) Printable Format: FIL-8-2018 – PDF (PDF Help) Summary: The FDIC and the Federal Reserve Board (FRB), in conjunction with the Financial Accounting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and the Conference of State Bank […]

Community Bank Webinar: Implementation Examples for the Current Expected Credit Losses Methodology (CECL)

FIL-8-2018 February 2, 2018 Community Bank Webinar: Implementation Examples for the Current Expected Credit Losses Methodology (CECL) Printable Format: FIL-8-2018 – PDF (PDF Help) Summary: The FDIC and the Federal Reserve Board (FRB), in conjunction with the Financial Accounting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and the Conference of State Bank […]

FTC Warns Consumers About Online Dating Scams

If an online love interest asks you for money, it’s probably a scam. The Federal Trade Commission receives thousands of reports each year about romance scammers who create fake online relationships only to rob their victims. Millions of Americans use dating sites, social networking sites and chat rooms to meet people, but scammers use them […]

FTC and Justice Department Officials Meet with Chinese Anti-Monopoly Agencies in Beijing, China

Wang Jiangping, Vice Minister of China’s State Administration for Industry and Commerce (SAIC); Makan Delrahim, Assistant Attorney General of the U.S. Department of Justice’s Antitrust Division; Hu Zucai, Vice Chairman of China’s National Development and Reform Commission (NDRC); Maureen K. Ohlhausen, Acting Chairman of the U.S. Federal Trade Commission; Li Chenggang, Assistant Minister of China’s […]