Finance

FTC Policy Director Issues Statement Commending Maine’s Repeal of Certificate of Public Advantage Law

The Federal Trade Commission has learned that the state of Maine recently enacted legislation repealing the state’s Hospital and Health Care Provider Cooperation Act,...

FTC Further Expands Inquiry Into Prescription Drug Middlemen Industry Practices

As part of its ongoing study on pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, the Federal...

New FTC Data Analysis Shows Bank Impersonation is Most-Reported Text Message Scam

A new analysis from the Federal Trade Commission shows that bogus bank fraud warnings were the most common form of text message scam reported...

FTC Staff Provides Annual Report to CFPB On 2022 Activities Regarding Financial Acts

The staff of the Federal Trade Commission has provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities...

Commission Seeks Public Comment on Collaboration with State Attorneys General

The Federal Trade Commission is seeking public comments and suggestions on ways it can work more effectively with state attorneys general nationwide to help educate...

CFPB Issue Spotlight Analyzes “Artificial Intelligence” Chatbots in Banking

WASHINGTON, D.C. – The Consumer Financial Protection Bureau...

FTC Issues Annual Report on Refunds to Consumers; Agency Returned $392M in 2022

Federal Trade Commission law enforcement actions resulted in more than $392 million in refunds to consumers in 2022, the agency said in its annual...

FTC Will Require Microsoft to Pay $20 million over Charges it Illegally Collected Personal Information from Children without Their Parents’ Consent

Microsoft will pay $20 million to settle Federal Trade Commission charges that it violated the Children’s Online Privacy Protection Act (COPPA) by collecting personal...

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