The U.S. Small Business Administration and Federal Trade Commission provide resources to start your preparedness plan. 06/10/2022 3:15 P.M. 2 minute read With hurricane and severe weather season upon us, it’s time to make sure your company is prepared to deal with any weather emergencies that may come your way. Whether your business operates in […]
The FTC is accepting comments on the proposed rule, which could impact a number of industries making sales calls, until Aug. 2. It will be critical for impacted industries to comment on the potential costs and burdens of the proposed rule and how they might be passed on in the marketplace. Editor’s note: This article […]
The operation promised ‘easy credit fixes,’ while charging fees for undelivered services. 5/31/2022 4:30 P.M. 2 minute read The Federal Trade Commission has taken action against Financial Education Services and its owners, Parimal Naik, Michael Toloff, Christopher Toloff and Gerald Thompson, as well as a number of related companies, for scamming consumers out of more […]
The Senate approved Alvaro Bedoya to serve in the fifth commissioner seat after several delays in the confirmation process, which started last year. 05/12/2022 12:00 P.M. 1 minute read The U.S. Senate voted along party lines to confirm Alvaro Bedoya to serve on the Federal Trade Commission, bringing it to a 3-2 Democratic majority. The […]
Financial institutions, creditors and commercial collectors should be monitoring this issue to determine whether the CFPB is following the statutory language in the FDCPA or pushing the envelope. Editor’s note: This article is available for members only. 04/27/2022 12:00 P.M. 4.5 minute read By Sarah Auchterlonie and Leah Dempsey The Consumer Financial Protection Bureau and […]
This is a great time for ACA members to promote how they assist consumers with financial decisions and safeguard their data, while learning how they can enhance their efforts. 02/22/2022 2:00 P.M. 2 minute read The Federal Trade Commission’s National Consumer Protection Week (NCPW) is March 6-12, 2022, which is a great time for ACA […]
ACA International members should review FTC identity theft reports that consumers may submit during account resolution, and remember that, in most cases, a police report is not required. 02/16/2022 10:15 A.M. 2 minute read A new California law requires a debt collector to cease collection activities until it completes a review of a Federal Trade […]
The legal documents filed in federal court in California seek information from the providers as part of ongoing investigations of potentially illegal robocalls. 02/14/2022 3:15 P.M. 3 minute read Federal courts in California have ordered two Voice-over-Internet Protocol (VoIP) service providers to turn over information that the Federal Trade Commission is seeking as part of […]
The Senate Commerce Committee was to consider President Joe Biden’s nominee for the FCC, Gigi Sohn, and Alvaro Bedoya for the FTC, after the nominations did not advance out of committee last year, in a hearing this week. 02/01/2022 11:00 A.M. 2.5 minute read Nominations to fill open seats on the Federal Communications Commission and […]
The FTC revisited the rule to issue an updated opinion after some courts misinterpreted its statements to suggest that the rule preempts state laws that authorize attorney fee awards against loan holders. 01/31/2022 1:00 P.M. 2.5 minute read The Federal Trade Commission has issued an advisory opinion stating that its rule concerning preservation of consumers’ claims and […]
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