Finance

Finance

FTC and CFPB Settlement to Require Trans Union to Pay $15 Million over Charges It Failed to Ensure Accuracy of Tenant Screening Reports

The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) obtained a settlement that will require credit reporting agency Trans Union LLC and...
Finance

FTC Action Leads to Lifetime Ban for Skin Cream Marketer Who Charged Consumers Millions in Junk Fees

As a result of a Federal Trade Commission lawsuit, the owner of a series of companies that charged consumers millions of dollars in undisclosed...
Finance

FTC Proposes Rule to Ban Junk Fees

The Federal Trade Commission today announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers...
Finance

FTC Approves Final Order to Prevent Interlocking Directorate Arrangement, Anticompetitive Information Exchange in EQT, Quantum Energy Deal

The Federal Trade Commission finalized a consent order that prevents entanglements and the exchange of confidential, competitively sensitive information to resolve antitrust concerns surrounding a...
Finance

Student Loan Debt Relief Scammers Permanently Banned from Industry, Ordered to Turn Over Assets under Proposed Order

Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their...
Finance

FTC Data Shows Consumers Report Losing $2.7 Billion to Social Media Scams Since 2021

New data from the Federal Trade Commission shows that scams originating on social media have accounted for $2.7 billion in reported losses since 2021,...
Finance

FTC and DOJ to Co-Host October 5 Workshop on the 2023 Draft Merger Guidelines

WHAT: The Federal Trade Commission and Justice Department are co-hosting a workshop to facilitate public dialogue on the 2023 Draft Merger Guidelines. The event...
Finance

FTC to Host Roundtable Discussion on October 4 on Artificial Intelligence and the Creative Fields

WHAT: The Federal Trade Commission staff will be hosting a virtual roundtable discussion on October 4, 2023 to better understand the impact of the...
Finance

FTC Staff Submit Comment Supporting Proposed Amendments to Regulations Implementing the Mental Health Parity and Addiction Equity Act

Staff in the Federal Trade Commission’s Bureau of Consumer Protection have submitted a comment to the U.S. Department of the Treasury, U.S. Department of Labor,...
Finance

FTC Joins with CFPB in Filing Amicus Brief Urging Reversal of Decision Misinterpreting FCRA’s Requirement to Remove Disputed, Unverified Credit Information

The Federal Trade Commission has joined the Consumer Financial Protection Bureau (CFPB) in filing an amicus brief in the U.S. Court of Appeals for...
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