FTC

CFPB Could Help FTC Get Back Consumer Enforcement Tool

CFPB Could Help FTC Get Back Consumer Enforcement Tool
CFPB Could Help FTC Get Back Consumer Enforcement Tool
June 06, 2022  |  CFPB

The Federal Trade Commission (FTC) on Friday (June 3) released on its annual report to the Consumer Financial Protection Bureau (CFPB) on its enforcement and...

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FTC Refunds $542K to Consumers Scammed by Digital Income System
FTC Refunds $542K to Consumers Scammed by Digital Income System
June 01, 2022  |  Cybersecurity

The Federal Trade Commission will send 1,064 checks totaling over $542,000 to consumers harmed by a fake investment scheme, an agency press release said Wednesday...

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FTC: Financial Education Services Ran $213M Pyramid Scheme
FTC: Financial Education Services Ran $213M Pyramid Scheme
June 01, 2022  |  Cybersecurity

The Federal Trade Commission (FTC) has acted against credit repair company Financial Education Services, accusing it of running a $213 million pyramid scheme, according to...

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FTC to Issue $152M in Checks to Additional Victims of AMG Services
FTC to Issue $152M in Checks to Additional Victims of AMG Services
May 19, 2022  |  Cybersecurity

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by...

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Oregon Sen. Wyden Urges FTC to Investigate ID.me for Facial Recognition Deception
Oregon Sen. Wyden Urges FTC to Investigate ID.me for Facial Recognition Deception
May 18, 2022  |  Digital Identity

U.S. Sen. Ron Wyden, D-Ore., on Wednesday (May 18) wants the Federal Trade Commission (FTC) to investigate whether identity verification services provider ID.me, which is...

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US FTC Could Find NIST an Ally to Push Its AI Agenda
US FTC Could Find NIST an Ally to Push Its AI Agenda
April 28, 2022  |  Artificial Intelligence

The Federal Trade Commission (FTC) is the federal agency leading the regulatory efforts in the U.S. on artificial intelligence (AI). Since November 2021 when it...

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Regulatory Risks to Play Larger Role in New M&A Calculus
Regulatory Risks to Play Larger Role in New M&A Calculus
April 22, 2022  |  ANTITRUST

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end...

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Regulators Worried Next ‘Big Tech’ Will Be Created on Their Watch
Regulators Worried Next ‘Big Tech’ Will Be Created on Their Watch
April 20, 2022  |  Partnerships

Mergers and acquisitions in the tech space have become a critical issue for regulators worldwide. Agencies probably feel that they have underenforced the law in...

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