Banker Teleconference Series: Implications from the FDIC 2017 National Survey of Unbanked and Underbanked Households

FIL-73-2018 November 16, 2018 Banker Teleconference Series: Implications from the FDIC 2017 National Survey of Unbanked and Underbanked Households Timely and Comprehensive Information and Insights from the FDIC Printable Format: FIL-73-2018 – PDF (PDF Help) Summary: The FDIC will discuss the results of its 2017 biennial National Survey of Unbanked and Underbanked Households during a […]

FTC Issues Agency Financial Report for Fiscal Year 2018

The Federal Trade Commission issued its Fiscal Year 2018 Agency Financial Report, which describes the agency’s strong fiscal management and key program performance of the agency during the past year. The report highlights FTC accomplishments in furtherance of its missions to protect consumers and promote competition, and reaffirms the agency’s commitment to responsible stewardship of […]

FDIC Releases 2018 Version of Money Smart for Adults

FIL-70-2018 November 14, 2018 FDIC Releases 2018 Version of Money Smart for Adults Printable Format: FIL-70-2018 – PDF (PDF Help) Summary: The FDIC has released the 2018 version of its instructor-led Money Smart for Adults financial education curriculum. This full replacement of the 2010 version provides participants with practical knowledge, skills-building opportunities, and resources they […]

Request for Information on Small-Dollar Lending

The Federal Deposit Insurance Corporation (FDIC) is seeking comments from interested parties on issues related to small-dollar lending, including steps that can be taken to encourage FDIC-supervised institutions to offer small-dollar credit products that are responsive to customers’ needs and that are underwritten and structured prudently and responsibly. Specifically, the request for information solicits comments […]

FTC Commissioners Find that 1-800 Contacts Unlawfully Harmed Competition in Online Search Advertising Auctions, Restricting the Availability of Truthful Advertising to Consumers

The Federal Trade Commission has held that 1-800 Contacts, the nation’s largest online retailer of contact lenses, unlawfully entered into a web of anticompetitive agreements with rival online contact lens sellers. A Commission Opinion, authored by Chairman Joseph J. Simons, ruled that the agreements between 1-800 Contacts and fourteen online sellers of contact lenses constitute […]

PR Firm and Publisher Settle FTC Allegations They Misrepresented Product Endorsements as Independent Opinions, Commercial Advertising as Editorial Content

Carly Patterson Two Georgia-based companies and their principals have agreed to settle Federal Trade Commission allegations that, in connection with promoting a new insect repellent during the 2016 Zika virus outbreak, they misrepresented that paid endorsements were independent consumer opinions and commercial advertising was independent journalistic content. Under two proposed Commission orders, the respondents are […]

FTC Submits Comments to NTIA on Consumer Privacy

Staff of the Federal Trade Commission calls for a balanced approach that protects both consumer privacy and innovation in a comment submitted to the Department of Commerce’s National Telecommunications and Information Administration (NTIA) as part of that agency’s consumer privacy proceeding. In its comment to NTIA, staff notes the FTC’s extensive experience in protecting consumer […]

FTC Hearings on Competition and Consumer Protection in the 21st Century Continue with Examination of Algorithms, Artificial Intelligence, and Predictive Analytics

WHAT: The Federal Trade Commission will host the seventh session of its Hearings on Competition and Consumer Protection in the 21st Century. WHEN: Tuesday, November 13–Wednesday, November 14, 2018, beginning at 9 a.m. each day WHERE: Howard University School of Law2900 Van Ness St NW, Washington, DC 20008(Note: This venue is in walking distance from […]

At FTC’s Request, Court Halts Massive “Sanctuary Belize” Real Estate Investment Scam

(NOTE TO MEDIA: Please see related press kit with maps, video, and audio.) At the Federal Trade Commission’s request, a federal district court in Maryland issued an order temporarily shutting down the largest overseas real estate investment scam the FTC has ever targeted. According to the FTC, the scam was established by Andris Pukke, a […]

FTC Chairman Joseph J. Simons Meets with Counterparts from the U.S., Canada, and Mexico to Discuss Antitrust Enforcement

Antitrust agency heads from the United States, Canada, and Mexico meet today in Mexico City to discuss their ongoing work to ensure consistent and effective antitrust enforcement and increased cooperation among the three nations. The meeting includes Federal Trade Commission Chairman Joseph J. Simons, Assistant Attorney General Makan Delrahim of the U.S. Department of Justice […]