Consumer protection

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Common Share

Retrieved on: 
Thursday, January 18, 2024

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.
  • The dividend is payable on February 9, 2024 to common shareholders of record as of January 31, 2024.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of September 30, 2023, the Company had total assets of $4.1 billion.

CFP Board Announces Client Impact Research Initiative in Support of 2022-2026 Strategic Priorities

Retrieved on: 
Tuesday, January 23, 2024

WASHINGTON, Jan. 23, 2024 /PRNewswire/ -- CFP Board today announced the release of the draft framework of its Client Impact Study, the first peer-reviewed academic research study to track and report on the actual impact of holistic financial planning on clients.

Key Points: 
  • WASHINGTON, Jan. 23, 2024 /PRNewswire/ -- CFP Board today announced the release of the draft framework of its Client Impact Study, the first peer-reviewed academic research study to track and report on the actual impact of holistic financial planning on clients.
  • "Americans turn to CFP® professionals for holistic competent and ethical financial planning," said CFP Board CEO Kevin R. Keller, CAE .
  • "This study will help us quantify the impact financial planning has on clients and society, and we look forward to receiving feedback on the study's proposed framework."
  • CFP Board will host a webinar on Tuesday, Jan. 30, at 1:00 pm ET, in which the research team will introduce this study and discuss the framework that will be used to evaluate client outcomes.

CPSC Announces Leadership Changes

Retrieved on: 
Monday, January 22, 2024

WASHINGTON, Jan. 22, 2024 /PRNewswire/ -- The U.S. Consumer Product Safety Commission today announced changes to the agency's senior leadership.  The Commission voted unanimously to approve CPSC Chair Alex Hoehn-Saric's appointment of Austin Schlick, who had been General Counsel, as the agency's new Executive Director.  Schlick succeeds Jason Levine, who recently departed the agency.  The Commission also voted unanimously to appoint Jessica L. Rich as the agency's new General Counsel.

Key Points: 
  • Commission votes unanimously to approve Austin Schlick as Executive Director and Jessica L. Rich as General Counsel
    WASHINGTON, Jan. 22, 2024 /PRNewswire/ -- The U.S. Consumer Product Safety Commission today announced changes to the agency's senior leadership.
  • The Commission voted unanimously to approve CPSC Chair Alex Hoehn-Saric's appointment of Austin Schlick, who had been General Counsel, as the agency's new Executive Director.
  • "With Austin's new position and the addition of Jessica's experience and dedication to consumer protection, I am confident this leadership team will drive our mission to keep consumers safe from product hazards," said Chair Alex Hoehn-Saric.
  • Schlick joined CPSC as General Counsel in 2021.

FTC Issues Opinion Finding that TurboTax Maker Intuit Inc. Engaged in Deceptive Practices

Retrieved on: 
Wednesday, January 24, 2024

In its Opinion, the Commission upheld the Chief Administrative Law Judge (ALJ), D. Michael Chappell’s opinion that Intuit has engaged in deceptive advertising in violation of Section 5 of the FTC Act and said that the defenses that Intuit raised lack merit.

Key Points: 
  • In its Opinion, the Commission upheld the Chief Administrative Law Judge (ALJ), D. Michael Chappell’s opinion that Intuit has engaged in deceptive advertising in violation of Section 5 of the FTC Act and said that the defenses that Intuit raised lack merit.
  • The Commission ordered Intuit to cease making the deceptive claims as outlined by complaint counsel, who are FTC staff in the Bureau of Consumer Protection.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Statement from Samuel Levine, Director of FTC Bureau of Consumer Protection, Regarding the Commission’s Order and Opinion in the Intuit TurboTax Case

Retrieved on: 
Wednesday, January 24, 2024

As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.

Key Points: 
  • As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.
  • I congratulate our team in the Division of Marketing Practices for securing this hard-fought victory for American consumers.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Statement from Samuel Levine, Director of FTC Bureau of Consumer Protection, Regarding the Commission’s Order and Opinion in the Intuit TurboTax Case

Retrieved on: 
Wednesday, January 24, 2024

As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.

Key Points: 
  • As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.
  • I congratulate our team in the Division of Marketing Practices for securing this hard-fought victory for American consumers.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • 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 Issues Opinion Finding that TurboTax Maker Intuit Inc. Engaged in Deceptive Practices

Retrieved on: 
Wednesday, January 24, 2024

In its Opinion, the Commission upheld the Chief Administrative Law Judge (ALJ), D. Michael Chappell’s opinion that Intuit has engaged in deceptive advertising in violation of Section 5 of the FTC Act and said that the defenses that Intuit raised lack merit.

Key Points: 
  • In its Opinion, the Commission upheld the Chief Administrative Law Judge (ALJ), D. Michael Chappell’s opinion that Intuit has engaged in deceptive advertising in violation of Section 5 of the FTC Act and said that the defenses that Intuit raised lack merit.
  • The Commission ordered Intuit to cease making the deceptive claims as outlined by complaint counsel, who are FTC staff in the Bureau of Consumer Protection.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.