The state of New York has long been considered a leading advocate of consumer protection, particularly when it comes to regulating the financial services industry. In 2014, New York’s Department of Financial Services adopted regulatory rules for debt collectors. In 2017, NYDFS issued its cybersecurity rules for financial services. Last month, New York’s … [Read more...]
FTC Signs Consumer Protection MOU With UK Regulator
The Federal Trade Commission has signed a memorandum of understanding with the United Kingdom’s Competition and Markets Authority (CMA), a non-ministerial department of the U.K. government charged with enforcing competition and consumer protection laws within and outside of the United Kingdom. The MOU is intended to strengthen enforcement cooperation on FTC … [Read more...]
FTC Defense Lawyer Alert: Updated International Consumer Protection Network Website
The Federal Trade Commission and other consumer protection agencies have unveiled an updated website for international consumer protection and enforcement. The International Consumer Protection and Enforcement Network is an organization composed of consumer protection authorities from over 60 countries. ICPEN members seek to protect consumers from fraudulent, deceptive and … [Read more...]
Acting FTC Chair Provides Insight into Anticipated Consumer Protection Policies
Acting FTC Chairman Maureen Ohlhausen recently offered a degree of insight into the agency’s anticipated consumer protection priorities via a recent keynote address delivered at the American Bar Association’s Consumer Protection Conference. Ohlhausen unequivocally conveyed that, at a fundamental level, a successful FTC action makes current and future consumers better off … [Read more...]