Ad Law Access
FTC & CFPB Announce Partnership to Warn and Investigate Mortgage Advertisers
On Monday, the Federal Trade Commission ("FTC") announced that it had, in partnership with the Consumer Financial Protection Bureau ("CFPB"), sent warning letters to 20 real estate agents, home builders, and lead…
The CFPB's Enforcement Strategy Gleaned From Consumer Complaint Analytics
On August 2, 2012, the Consumer Financial Protection Bureau (CFPB) issued its second Semi-Annual Report to Congress. The report provides an update on the CFPB's activities since its first report in January 2012 as…
CFPB Defines "Larger Participants" of the Consumer Reporting Market
On July 16, 2012, the Consumer Financial Protection Bureau (CFPB) issued a final rule granting it supervisory authority over leading credit reporting agencies. Those firms newly subject to the CFPB's oversight include…
CFPB Issues Final Rules of Practice Governing the Agency's Adjudication and Investigational Proceedings and an Interim Final Rule Pursuant to the Equal Access to Justice Act
On June 29, 2012, the CFPB issued two Rules of Practice separately governing the agency’s adjudication proceedings and investigational, nonadjudicative matters. In addition, the CFPB issued its final State Official…
FTC Settles Landmark FCRA Case Involving the Sale of Social Media Data for Employment Screening
The Federal Trade Commission (FTC) today announced its settlement with Spokeo, Inc. for alleged violations of the Fair Credit Reporting Act (FCRA) and Section 5(a) of the FTC Act. As part of the FTC's ongoing…