Consumer protection

FTC Action Leads to Permanent Ban for Scammers Who Charged Students Seeking Debt Relief with Junk Fees

Retrieved on: 
Tuesday, February 6, 2024
Education, Blog, Henry Kissinger, News, Federal Trade Commission, Consumer protection, District court, Social media, FTC, Commission

A group of student loan debt relief scammers will be permanently banned from the debt relief industry and is required to turn over their assets as part of a settlement with the Federal Trade Commission.

Key Points: 
  • A group of student loan debt relief scammers will be permanently banned from the debt relief industry and is required to turn over their assets as part of a settlement with the Federal Trade Commission.
  • The FTC charged that the scheme’s operators collected approximately $8.8 million in junk fees in exchange for student loan debt relief services that did not exist.
  • The FTC has resources on how to avoid student loan debt relief scams at ftc.gov/StudentLoans.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Troutman Pepper Releases 2023 Consumer Financial Services Year in Review & 2024 Look Ahead

Retrieved on: 
Thursday, February 1, 2024
Annual report, Blog, Government, Consumer, Consumer protection, CFS, Chambers and Partners

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- On the heels of another transformative year for the financial industry, Troutman Pepper's Consumer Financial Services Practice Group is today releasing the eighth edition of its Consumer Financial Services Year in Review & A Look Ahead. The report compiles insights from the practice's 140+ attorneys and professionals nationwide, who bring extensive experience in CFS litigation, regulatory enforcement, and compliance.

Key Points: 
  • Report Highlights Pivotal CFS Industry Developments, Ways Companies Can Stay Ahead of Compliance Curve
    NEW YORK, Feb. 1, 2024 /PRNewswire/ -- On the heels of another transformative year for the financial industry, Troutman Pepper's Consumer Financial Services Practice Group is today releasing the eighth edition of its Consumer Financial Services Year in Review & A Look Ahead .
  • The Consumer Financial Services Year in Review & A Look Ahead provides a thorough analysis of the year's most pressing issues, including:
    Developments to multiple lending areas, including fair lending, small dollar lending, student lending, and tribal lending
    Michael Lacy , Consumer Financial Services Practice Group Leader, explained: "2023 presented unique challenges for financial services litigation and regulatory professionals.
  • Reflecting upon 2023's developments, Troutman Pepper's Consumer Financial Services Practice Group also provides solutions for staying ahead of the compliance curve in 2024 throughout the report.
  • In addition to producing this annual report, Troutman Pepper's Consumer Financial Services Practice Group provides year-round insights on its Consumer Financial Services Law Monitor, a blog offering timely updates regarding changes in the law, upcoming regulatory deadlines and significant judicial opinions impacting the financial industry.

Press release - Belgium Presidency debriefs EP committees on priorities

Retrieved on: 
Sunday, February 4, 2024
Pillar, Walloon, Education, Climate change, Long-Term Capital Management, Australian Space Agency, Treaty, Rape, PFAS, Policy, Ministry of Social Affairs, Blockchain, Digital identity, AMR, Natural gas, White paper, World Trade Organization, Participatory democracy, High Seas, Partnership, Artificiality, GDPR, European Social Fund Plus, Frustration, CSAM, HERA, NASA Exoplanet Archive, Housing, Safety, SME, Science policy, Government, Justice, Public health, Pesticide, Consumer protection, Mental health, European single market, API, Economy, Science, Finance, State, Commission, Violence, Culture, Artificial intelligence, Medicine, Employment, Student, Development, International trade, Woman, Fishery, Annelies Verlinden, Legislation, Digitization, Transport Select Committee, Research, Service provider, Mutagen, French Community of Belgium, Hydrogen, Death, Artificial Intelligence Act, Kool-Aid, Civil liberties, Civil service, Petra De Sutter, Scientific method, Parliament, Gender equality, Economic recovery, Mercury, Horizon, European Higher Education Area, Carcinogen, Illegal drug trade, AI, European Space Agency, Crime, Foreign Affairs, Ministry of home affairs, Creative Europe, European Health Data Space, Investment, Diversity, Work, Public administration, Food safety, Telecommunications, Farmer, Enlargement, Patent, Legal Affairs, Sport, Electricity, Health, Regional development, Conference

Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

Key Points: 


Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

The Garden State Joins the Comprehensive Privacy Grove

Retrieved on: 
Saturday, February 3, 2024
FCRA, FERPA, HIPAA, WPA, Accountability Act, GLBA, Act, Applicability, Information, Collection, Blog, U.S. state, Ambiguity, Privacy, Privacy Act, DPA, Adolescence, Emphasis, Language, Law, Exercise, Advertising, COPPA, Sale, NetChoice v. Paxton, Gramm–Leach–Bliley Act, Consumer protection, Bonta, Action, Diagnosis, Ageing, The Act, Speech, Garden State, Division, Risk

On January 16, 2024, Governor Murphy signed S332 into law, making New Jersey the thirteenth U.S. State to adopt a comprehensive privacy law to govern the collection, use, and transfer of personal data. S332 endured a long and circuitous route to enactment, having been introduced in January 2022 and amended six times before being passed [?]

Key Points: 


On January 16, 2024, Governor Murphy signed S332 into law, making New Jersey the thirteenth U.S. State to adopt a comprehensive privacy law to govern the collection, use, and transfer of personal data. S332 endured a long and circuitous route to enactment, having been introduced in January 2022 and amended six times before being passed [?]

FTC Action Leads to $2 Million Penalty Against Kubota for False Made in USA Claims

Retrieved on: 
Saturday, February 3, 2024
Social media, Bureau, Commission, Complaint, Policy, DOJ, FTC, Federal Trade Commission, Justice, News, District court, Consumer protection, Blog, Dietary supplement

“Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,” said Samuel Levine, Director of the Bureau of Consumer Protection.

Key Points: 
  • “Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,” said Samuel Levine, Director of the Bureau of Consumer Protection.
  • - Civil Penalty: The order includes a civil penalty of $2 million, which must be paid to the U.S. Treasury.
  • The FTC is committed to ensuring that “Made in USA” claims are truthful.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Sends Warning Letters to Funeral Homes After First Undercover Phone Sweep

Retrieved on: 
Saturday, February 3, 2024
Online, Social media, Funeral Rule, Bureau, Cremation, Death, A Psalm of Life, Person, FTC, Funeral, Refrigeration, Federal Trade Commission, Consumer, Telephone, Embalming, Marketing, News, Consumer protection, Blog, Life insurance

The Federal Trade Commission is sending warning letters to 39 funeral homes across the country after investigators conducted the agency’s first undercover phone sweep and discovered several violations of the Funeral Rule, including funeral homes that failed to provide accurate pricing information or failed to give out price information entirely.

Key Points: 
  • The Federal Trade Commission is sending warning letters to 39 funeral homes across the country after investigators conducted the agency’s first undercover phone sweep and discovered several violations of the Funeral Rule, including funeral homes that failed to provide accurate pricing information or failed to give out price information entirely.
  • The Funeral Rule gives consumers important rights when making funeral arrangements, including requiring that funeral homes must “tell persons who ask by telephone about the funeral provider’s offerings or prices any accurate information from [their] price lists….



FTC Action Leads to $2 Million Penalty Against Kubota for False Made in USA Claims

Retrieved on: 
Saturday, February 3, 2024
Social media, Bureau, Commission, Complaint, Policy, DOJ, FTC, Federal Trade Commission, Justice, News, District court, Consumer protection, Blog, Dietary supplement

“Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,” said Samuel Levine, Director of the Bureau of Consumer Protection.

Key Points: 
  • “Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,” said Samuel Levine, Director of the Bureau of Consumer Protection.
  • - Civil Penalty: The order includes a civil penalty of $2 million, which must be paid to the U.S. Treasury.
  • The FTC is committed to ensuring that “Made in USA” claims are truthful.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.