Regulation

Regulation
FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
February 20, 2017

The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch up or repossess their vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
U.S. Big Banks Are Looking To See Money Laundering Regulations Loosened
February 17, 2017

According to reporting in Reuters, the biggest banks in the U.S. will soon be floating a complete overhaul of the rules governing how financial institutions investigate and report potential criminal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Former Obama Staffer David Plouffe Draws $90K Fine Lobbying On Uber’s Behalf
February 17, 2017

Barack Obama’s former campaign manager turned Uber exec David Plouffe has been hit with a $90K fine for reportedly illegally lobbying Chicago’s mayor Rahm Emanuel on behalf of Uber.  The fine came down care of the city’s Board of Ethics after a series of emails written...

Regulation
FTC Bans Florida Company For Aiding Telemarketer Scam In India
February 16, 2017

The Federal Trade Commission announced Wednesday (Feb. 15) that it has charged a Florida man with aiding telemarketers in India with scamming cash-strapped consumers in the U.S. and is now banned from helping any telemarketers as part of a settlement. Get the Full Story Complete...

Regulation
Lawmakers Want NHTSA To Study Connected Car Security
February 15, 2017

Aiming to beef up security in connected and driverless cars, a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are...

Regulation
FTC Says It Filed 12 Cases Against Illegal Debt Collection Practices In 2016
February 15, 2017

The Federal Trade Commission on Tuesday (Feb. 14) laid out how it fought back against illegal debt collection practices in 2016 in its report to the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Fed Reserve’s Tarullo, Who Created Financial Regulations After Crisis, Resigning
February 13, 2017

Daniel Tarullo, the Federal Reserve’s head creator of the financial regulations after the financial crisis, is gearing up to resign, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
FTC Focused On Car Buying, Big Data And FinTech In 2016
February 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its...

Regulation
Thomas Pahl Named Acting Head Of FTC Consumer Protection Department
February 09, 2017

The FTC’s Bureau of Consumer Protection has a new acting head. Thomas Pahl was named by acting chairman of the FTC, Maureen Ohlhausen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...