The Federal Trade Commission is seeking public comments on a proposal to rescind its Guides for the Nursery Industry (Nursery Guides) as part of its systematic review of all current FTC rules and guides. Issued in 1979, the Guides address sales practices for outdoor plants, including deceptive advertising claims regarding quantity, size, grade, kind, species, […]
Monthly Archives: August 2018
OCC Seeks Comments on Modernizing Community Reinvestment Act Regulations
News Release 2018-87 | August 28, 2018 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency today released an Advance Notice of Proposed Rulemaking (ANPR) seeking comment on the best ways to modernize the regulatory framework implementing the Community Reinvestment Act (CRA). “As a long-time banker, I have seen firsthand the benefit of CRA […]
FTC Returns more than $14 Million to Consumers Deceived by Misleading Light Bulb Claims
The Federal Trade Commission (FTC) is mailing 499,105 checks totaling more than $14.4 million to people who bought Lights of America brand LED light bulbs. The FTC sued Lights of America Inc., Usman Vakil, and Farooq Vakil for violating federal law by overstating the light output and life expectancy of their LED bulbs, and falsely […]
Telemarketer Fees to Access the FTC’s National Do Not Call Registry to Increase in FY 2019
The Federal Trade Commission has announced FY 2019 fees for telemarketers accessing phone numbers on the National Do Not Call Registry. The annual fees will increase slightly from FY 2018 and are set forth in a Federal Register Notice. All telemarketers calling consumers in the United States are required to download the numbers on the […]
FTC Announces Opening Session of Hearings on Competition and Consumer Protection in the 21st Century September 13-14 at Georgetown University Law Center
The Federal Trade Commission will begin its Hearings Initiative with two full-day sessions, co-sponsored with and held at the Georgetown University Law Center, on September 13 and 14, 2018. The event will be webcast live. The Georgetown event will be the first in a series of hearings that will examine whether broad-based changes in the […]
Liquidity Coverage Ratio: Treatment of Certain Municipal Obligations as High Quality Liquid Assets
FIL-43-2018 August 22, 2018 Liquidity Coverage Ratio: Treatment of Certain Municipal Obligations as High Quality Liquid Assets Printable Format: FIL-43-2018 – PDF (PDF Help) Summary: Pursuant to the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), the FDIC, the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller […]
FTC Approves Alimentation Couche-Tard Inc.’s Application for Sale of Two Retail Fuel Stations in Minnesota
The Federal Trade Commission has approved an application by Alimentation Couche-Tard Inc., or ACT, to divest two retail fuel stations in Minnesota. The divestitures are required under the FTC’s Feb. 15, 2018 final order settling charges that ACT’s proposed acquisition of Holiday Companies would violate federal antitrust law. The application requests that the FTC approve […]
FTC Provides Back-to-School Advice for Parents
As students across the country head back to school, the Federal Trade Commission has advice for parents on talking to their kids about online safety, protecting their children’s personal information, and back-to-school shopping. In the first blog post, published today as part of a three-part series, the FTC urges parents to talk to their children […]
Community Reinvestment Act: Revisions to Impact of Evidence of Discriminatory or Other Illegal Credit Practices on Community Reinvestment Act Ratings
OCC Bulletin 2018-23| August 15, 2018 Share This Page: To Chief Executive Officers and Compliance Officers of National Banks, Federal Savings Associations, Federal Branches and Agencies, Department and Division Heads, All Examining Personnel, and Other Interested Parties Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to make public the revised […]
Investor Alert: Check the Background of Anyone Selling You an Investment
The SEC’s Office of Investor Education and Advocacy (OIEA) urges investors to check the background of anyone selling or offering them an investment. No matter how good an investment may sound, verify that the person is currently registered or licensed and check his or her background by using the free and simple search tool on […]