Federal and State Regulatory Agencies Issue Examiner Guidance for Assessing Safety and Soundness Considering the Effect of the COVID-19 Pandemic on Financial Institutions

News Release 2020-80 | June 23, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the CurrencyState Financial Regulators The four federal agencies in conjunction with the state bank and credit union regulators today issued examiner guidance to promote consistency and […]

BRP WINS THREE PRESTIGIOUS RED DOT DESIGN AWARDS

Valcourt, Quebec, June 23, 2020 – BRP starts the summer with three prestigious Red Dot Design Awards. We are passionate for innovation and determined to push the limits at every new product launch, thanks to the combined efforts of BRP experts from different departments. The winners are: Can-Am Spyder RT 2020 Rotax Sonic E-Kart 2020 […]

FTC Announces Final Amendments to the Agency’s Contact Lens Rule

The Federal Trade Commission today announced the approval of a final rule amending the agency’s Contact Lens Rule, which facilitates shopping for contact lenses by requiring prescribers to automatically provide a copy of a patient’s prescription to the patient and to verify or provide prescriptions to third-party sellers. The Final Rule requires prescribers to request that […]

OCC Interim Final Rule Reduces Assessments in Response to COVID-19

News Release 2020-79 | June 22, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today approved an interim final rule (IFR) that will reduce assessments due to be paid to the OCC on September 30, 2020. The OCC is providing this relief in response to the impact of the national emergency […]

FTC Seeks Public Comment on Proposed Repeal of the Care Labeling Rule

As part of the Federal Trade Commission’s systematic review of all current FTC rules and guides, the FTC is seeking public comment on a proposed repeal of the Care Labeling Rule. The Rule may not be necessary to ensure manufacturers provide care instructions, may have failed to keep up with a dynamic marketplace, and may […]

FTC Issues Staff Report on Made in USA Workshop, Seeks Comment on Related Proposed Rulemaking for Labeling Rule

The Federal Trade Commission today issued a staff report on an FTC workshop on Made in USA claims that was held last fall, and a notice of proposed rulemaking for a Made in USA Labeling Rule (proposed Rule). The proposed Rule will apply to product labels making Made in USA and other unqualified U.S.-origin claims. […]

FTC Sending Refund Checks Totaling More Than $8.7 Million to Consumers Defrauded by Deceptively Marketed Online “Risk-Free Trial” Offers

The Federal Trade Commission is mailing refunds totaling more than $8.7 million to 187,425 consumers who signed up online for “risk-free” trial offers, but were then charged full price and enrolled in expensive continuity plans without their knowledge. The refunds are the result of several orders settling the FTC’s allegations against San Diego-based Triangle Media […]

SBA and Treasury Announce Enhanced Transparency Regarding the Paycheck Protection Program

Washington—The U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury have agreed with the bipartisan leaders of the U.S. Senate Small Business Committee to make public additional data regarding the Paycheck Protection Program (PPP). This agreement will ensure that the interests of both transparency and protections for small businesses are served. “I […]

FTC Issues Two Reports Requested in Fiscal Year 2020 Spending Bill

Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Announces Schedule for Reviewing Regulations (2012) FTC Stops Scheme That Falsely Promised Federal Jobs Minimizing the Effect of Malware on Your Computer: FTC Offers Information on Protecting, Reclaiming Your Computer FTC Obtains $1.1 Million Civil Penalty for Pre-Merger Filing Violations

American Charitable Donations Highest on Record for Past 3 Years

WASHINGTON— American charitable donations in 2019 marked the highest contributions ever, according to Giving USA. American individuals, foundations and corporations gave $450 billion to U.S. charities in 2019, up 4.2 percent from the previous year. Strong economic growth in 2019 made the past three years of charitable giving the highest on record. Total giving growth […]