Monthly Archives: April 2018

FFIEC Issues Joint Statement: Cyber Insurance and Its Potential Role in Risk Management Programs

FIL-16-2018 April 10, 2018 FFIEC Issues Joint Statement: Cyber Insurance and Its Potential Role in Risk Management Programs Printable Format: FIL-16-2018 – PDF (PDF Help) Summary: The FDIC, as a member of the Federal Financial Institutions Examination Council (FFIEC), is issuing the attached statement addressing factors to consider regarding cyber insurance. Statement of Applicability to […]

FTC Staff Comment Supports Proposal to Enhance Access to Dental Care in New York

Federal Trade Commission staff submitted a comment to the New York State Education Department (NYSED) in support of a proposed regulatory change that would reduce the burdens on experienced, Canadian dentists wishing to practice dentistry within New York State. This change would allow established, Canadian dentists to use the same process that experienced U.S. dentists […]

FTC, Department of Justice to Hold Workshop on Competition in Real Estate Brokerage

The Federal Trade Commission and Department of Justice announced today that they will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry. Buying or selling a home is one of the biggest financial transactions most consumers make in their lives, and […]

FTC-IRS Initiative Aims to Make it Easier for Consumers to Report Tax-Related Identity Theft

The Federal Trade Commission and the Internal Revenue Service (IRS) are teaming up to make it easier for consumers to report tax-related identity theft and to receive assistance to help recover. The IRS will now allow consumers to report identity theft to the IRS electronically through the FTC’s IdentityTheft.gov website. Tax-related identity theft happens when […]

FTC Acting Chairman Ohlhausen Appoints Alden Abbott as Acting General Counsel

Acting Federal Trade Commission Chairman Maureen K. Ohlhausen announced the appointment of Alden F. Abbott as Acting General Counsel for the agency. “I am very pleased to welcome Alden Abbott back to the Federal Trade Commission as Acting General Counsel. With his considerable knowledge and experience, he will contribute significantly to the continued effectiveness of […]

FTC Sending Refund Checks Totaling More Than $355,000 to Consumers Who Bought CogniPrin ‘Memory Improvement’ Supplement

The Federal Trade Commission is mailing 2,116 refund checks totaling more than $355,000 to people who bought CogniPrin, a deceptively marketed ‘memory improvement’ supplement. The average check amount is $168.08, and represents full refunds. In February 2017, the FTC and the Maine Attorney General charged XXL Impressions LLC, Jeffrey R. Powlowsky, J2 Response LLP, Justin […]

FTC Seeks Comment on Proposed Modifications to Video Game Industry Self-Regulatory Program Approved under the COPPA Safe Harbor Program

The Federal Trade Commission is seeking public comment on proposals to modify a video game industry self-regulatory program that the FTC approved in 2001 under the agency’s Children’s Online Privacy Protection Rule. The changes are being sought by the Entertainment Software Ratings Board (ESRB) and would modify the organization’s COPPA safe harbor program, which is […]

Appraisal Threshold for Commercial Real Estate Loans

FIL-14-2018 April 2, 2018 Appraisal Threshold for Commercial Real Estate Loans Printable Format: FIL-14-2018 – PDF (PDF Help) Summary: The FDIC, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (the Agencies) jointly issued an amended rule titled Real Estate Appraisals (Appraisal Rule), which will be […]