Adjusting the Calculations for Credit Concentration

FIL-31-2020 March 30, 2020 Adjusting the Calculations for Credit Concentration Printable Format: FIL-31-2020 – PDF (PDF Help) Summary: The FDIC, Board of Governors of the Federal Reserve, and Office of the Comptroller of the Currency (the Agencies) are jointly adjusting their calculation for credit concentration ratios used in the supervisory process. The adjustment is in […]

TSX Delisting Review – Nevada Copper Corp. (NCU)

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not […]

Medical Diagnostic Device Maker Settles Allegations that it Misled Consumers about its Participation in the EU-U.S. Privacy Shield

A provider of medical diagnostic devices and services has agreed to settle Federal Trade Commission allegations that the company misled consumers about its participation in the EU-U.S. Privacy Shield framework. In a complaint, the FTC alleges that New Jersey-based Ortho-Clinical Diagnostics, Inc. claimed that the company participated in the Privacy Shield framework and complied with […]

FTC Extends Comment Deadline for Funeral Rule Review to June 15

Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Seeks Public Comment as Part of its Review of the Funeral Rule FTC Releases Funeral Home Compliance Results, Offers New Business Guidance on Funeral Rule Requirements FTC To Examine Competition, Consumer Protection, and Economic Issues Raised by the Sharing Economy at June Workshop […]

FTC Sends More Than $1 Million in Refunds to Victims of Invention Promotion Scam

The Federal Trade Commission is sending refunds totaling more than $1 million to consumers targeted by a bogus invention promotion business that failed to deliver on the services it promised, and bullied consumers who tried to complain. According to the FTC, consumers paid Scott Cooper and his companies, World Patent Marketing Inc. and Desa Industries […]

Student Loan Debt Relief Companies Agree to Settle FTC Charges They Falsely Promised to Lower or Eliminate Consumers’ Student Loans

Three California-based student loan debt relief companies and their owner have agreed to be permanently banned from the debt relief business in order to settle Federal Trade Commission charges that they falsely promised to lower or eliminate consumers’ student loans in return for an illegal upfront fee. The FTC also alleged that the companies and […]

Williams-Sonoma, Inc. Settles with FTC, Agrees to Stop Making Overly Broad and Misleading ‘Made in USA’ Claims about Houseware and Furniture Products

Home products and kitchen wares company Williams-Sonoma Inc. has agreed to stop making false, misleading, or unsubstantiated claims that all of its Goldtouch Bakeware products, its Rejuvenation-branded products, and Pottery Barn Teen and Pottery Barn Kids-branded upholstered furniture products are all or virtually all made in the United States. As part of the proposed settlement, […]

Statement of the Comptroller of the Currency on the Enactment of the Nation’s Stimulus Package

News Release 2020-43 | March 27, 2020 Share This Page: WASHINGTON—Comptroller of the Currency Joseph M. Otting today made the following statement following passage and enactment of the CARES Act to support the nation’s response to COVID-19. I commend Congress for passing and the President for signing this important legislation that will provide much needed support […]

Agencies Announce Two Actions to Support Lending to Households and Businesses

News Release 2020-42 | March 27, 2020 Share This Page: Joint Release Board of Governors of the Federal ReserveFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The federal bank regulatory agencies today announced two actions to support the U.S. economy and allow banking organizations to continue lending to households and businesses: Allowing early adoption […]

Statement by Secretary Steven T. Mnuchin on the Passage of the CARES Act

WASHINGTON—U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today following passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act): “I am pleased that Congress has passed the CARES Act, the largest economic relief package in history for hardworking Americans and businesses that, through no fault of their own, have been […]