Finance

FTC Acts to Stop Student Loan Debt Relief Scheme that Took Millions from Consumers in First Case under the Impersonation Rule

In its first case under the Impersonation Rule, the Federal Trade Commission has stopped a student loan debt relief scheme that bilked more than...

FTC Announces Final Eyeglass Rule Implementing Updates to Promote Competition and Expand Consumer Choice

Concluding a comprehensive multi-year review, the Federal Trade Commission today announced final updates to its Ophthalmic Practice Rules, known as the Eyeglass Rule aimed at...

FTC Finalizes Order with Avast Banning it from Selling or Licensing Web Browsing Data for Advertising and Requiring it to Pay $16.5 Million

The Federal Trade Commission has finalized an order banning software provider Avast from selling, disclosing, or licensing any web browsing data for advertising purposes...

FTC Action Leads to Sweepstakes Ban For Three Individuals Who Ran Massive Scheme That Cost Consumers Millions

As a result of a Federal Trade Commission case, the operators of a sweepstakes scam that cost consumers millions have agreed to settlements that...

FTC Issues Annual Report on Refunds to Consumers; Agency Returned $324M in 2023

Federal Trade Commission law enforcement actions resulted in more than $324 million in refunds to consumers in 2023, the agency said in its annual...

Statement of the Commission Regarding TikTok Complaint Referral to DOJ

Today, the Commission issued a statement regarding its referral to the Department of Justice a complaint against TikTok, the successor to Musical.ly, and its...

FTC Submits Comment Supporting Proposed USPTO Rule

The Federal Trade Commission today submitted a comment supporting a proposed U.S. Patent and Trademark Office (USPTO) rule involving the disclosure of patent settlement...

FTC Takes Action Against Adobe and Executives for Hiding Fees, Preventing Consumers from Easily Cancelling Software Subscriptions

The Federal Trade Commission is taking action against software maker Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for deceiving consumers by...

FTC Data Shows Major Increases in Cash Payments to Government Impersonation Scammers

New Federal Trade Commission data reveals that government impersonation scammers are targeting consumers for payments in cash, with the amount of cash reported lost...

FTC Issues Final Amendments to Amplifier Rule to Make Testing Methods More Useful to Consumers

The Federal Trade Commission has issued final amendments to its Amplifier Rule to help consumers make direct comparisons of home entertainment amplifiers.The Amplifier Rule regulates...

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