Tag: Consumer Protection

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Financial institutions and creditors are now required to develop and implement written identity theft prevention programs under the new "Red Flags Rules." The Red Flags Rules are part of the Fair and Accurate Credit Transactions (FACT) Act of 2003. Under these Rules, financial institutions and...
An operator who used deceptive earnings promises to recruit consumers for a multi-level marketing operation that was a pyramid scheme has agreed to settle Federal Trade Commission charges that the operation was illegal and violated federal law. The settlement bars the defendant from participating...
Commission approval of Federal Register notice- Following a public comment period, the Commission has approved the publication of a notice in the Federal Register amending the Appliance Labeling Rule with regard to the labeling requirements for metal halide lamp fixtures.
A new Federal Trade Commission report on alcohol marketing and youth examines industry efforts to reduce the likelihood that alcohol advertising will target those under the legal drinking age of 21. It also announces a new system for monitoring alcohol industry compliance with self-regulatory...
Two payday loan lead generators have agreed to settle Federal Trade Commission charges that their Internet advertising stated payday loan costs and repayment periods without disclosing annual percentage rate (APR) information as federal law requires. The settlements require the respondents to...
Putting a new twist on an old scam, con artists are posing as government officials when they tell consumers they have won a sweepstakes prize. Crooks also take advantage of Internet technology, which can make it appear that they are calling from Washington, DC, or the consumer’s hometown while...
Commission approval of joint amicus brief filing – The Commission has approved the filing of an amicus brief with the U.S. Supreme Court in the matter of Altria v. Good et al., No. 07-562 (U.S. S. Ct.). The brief, which was filed on June 18, 2008 jointly with the U.S. Department of Justice’s...
Speaking at the 21st Annual Western Conference of the Rutgers University Center for Research in Regulated Industries in Monterey, California on June 18, Federal Trade Commission Chairman William E. Kovacic presented his plan for assessing how well the agency is fulfilling the destiny that Congress...
The Federal Trade Commission and the California Office of Privacy Protection will co- host a half-day public workshop in Los Angeles on Wednesday, August 13, 2008, on how businesses can secure personal information and protect the privacy of consumers and employees.
Commission approval of Federal Register notice - The Commission has approved publication of a Federal Register notice announcing final amendments to the agency's Fuel Rating Rule. The notice, which will be published soon and is available now on the FTC’s Web site as a link to this press release,...
The Federal Trade Commission is urging consumers to be cautious of potential charity scams in connection with the recent floods and tornadoes that have caused damage in the Midwest.
Commission extension of public rebuttal comment period: The Commission has approved the extension of the public rebuttal comment period related to the Revised Notice of Proposed Rulemaking (RNPR) in connection with the Business Opportunity Rule. In the notice, the FTC announces that rebuttal...
The Federal Trade Commission today told the Senate Committee on Commerce, Science, and Transportation that “legislation authorizing the Commission to seek civil penalties in spyware cases could add a potent remedy to those otherwise available to the Commission.” In testimony to the Committee,...
Defendants who allegedly offered “free” software CDs that weren’t free, and billed unsuspecting consumers for a software continuity program they didn’t know they were enrolled in, have agreed to settle FTC charges that their practices violated federal law. The settlement bars the illegal practices...
Set aside the ties and gadgets: This Father’s Day e-card from the Federal Trade Commission can save your dad a whole lot of headaches. Available from the FTC in English and Spanish at http://www.ftc.gov/dad and http://www.ftc.gov/padre, the cards offer dads advice on keeping their personal...
The Federal Trade Commission today announced the filing of a lawsuit charging CompuCredit Corporation and its wholly-owned debt collection subsidiary, Jefferson Capital Systems, LLC, with deceptive marketing practices in selling credit cards to consumers in the subprime market.
Because summer is a time when teen drunk-driving deaths peak and teens are at high risk of starting to drink, the Federal Trade Commission is urging adults around the nation to say “Let’s Make it a Safe Summer. Don’t Serve Alcohol to Teens.” “Don’t clam up if other adults serve alcohol to your...
The Federal Trade Commission will announce a law enforcement action today, charging a credit card marketer and a debt collection company with using deceptive marketing practices and abusive debt collection tactics affecting consumers in the subprime market. The announcement will be made during a...
Commission approval of final consent orders – Following a public comment period, the Commission has approved the issuance of final consent orders in the matters of CashPro d/b/a MakePaydayToday.com, American Cash Market, Inc., and Anderson Payday Loans. The Commission vote to approve the final...
The Federal Trade Commission staff will host a workshop on September 25, 2008, to learn about the growth of for-profit debt relief entities and examine how the for-profit debt relief model is affecting consumers and businesses.

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