Financial institutions and creditors are now required to develop and implement written identity theft prevention programs under the new “Red Flags Rules.” The Red Flags Rules are part of the Fair and Accurate Credit Transactions (FACT) Act of 2003. Under these Rules, financial institutions and creditors with covered accounts must have identity theft prevention programs […]
Category Archives: Federal Trade Commission
Red Flag Regulations Require Financial Institutions and Creditors to Have Identity Theft Prevention Programs
Financial institutions and creditors are now required to develop and implement written identity theft prevention programs under the new “Red Flags Rules.” The Red Flags Rules are part of the Fair and Accurate Credit Transactions (FACT) Act of 2003. Under these Rules, financial institutions and creditors with covered accounts must have identity theft prevention programs […]
FTC Will Study Experiences of Identity Theft Victims
The Federal Trade Commission plans to study the experiences of identity theft victims by conducting a survey of consumers who contacted the FTC after they were victimized. The proposed survey will examine the remedies available to victims under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Among other things, the FACT Act […]
FTC Will Study Experiences of Identity Theft Victims
The Federal Trade Commission plans to study the experiences of identity theft victims by conducting a survey of consumers who contacted the FTC after they were victimized. The proposed survey will examine the remedies available to victims under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Among other things, the FACT Act […]
FTC Approves Federal Register Notice Amending Appliance Labeling Rule Regarding Metal Halide Lamps
Commission approval of Federal Register notice– Following a public comment period, the Commission has approved the publication of a notice in the Federal Register amending the Appliance Labeling Rule with regard to the labeling requirements for metal halide lamp fixtures. As detailed in the notice, which will be published soon and is available now on […]
Pyramid Scheme Operator Settles FTC Charges
An operator who used deceptive earnings promises to recruit consumers for a multi-level marketing operation that was a pyramid scheme has agreed to settle Federal Trade Commission charges that the operation was illegal and violated federal law. The settlement bars the defendant from participating in any pyramid scheme or other prohibited marketing scheme, bars false […]
FTC Challenges Carlyle Partners’ Purchase of INEOS’s Sodium Silicate Businesses
The Federal Trade Commission today issued a complaint charging that Carlyle Partners IV, L.P.’s (Carlyle) proposed acquisition of the world-wide sodium silicate and silicas business of INEOS Group Limited (INEOS) would be anticompetitive and in violation of the antitrust laws. Carlyle owns PQ Corporation (PQ), and the transaction as proposed would therefore combine PQ – […]
FTC Challenges Carlyle Partners’ Purchase of INEOS’s Sodium Silicate Businesses
The Federal Trade Commission today issued a complaint charging that Carlyle Partners IV, L.P.’s (Carlyle) proposed acquisition of the world-wide sodium silicate and silicas business of INEOS Group Limited (INEOS) would be anticompetitive and in violation of the antitrust laws. Carlyle owns PQ Corporation (PQ), and the transaction as proposed would therefore combine PQ – […]
FTC Reports on Alcohol Marketing and Self-Regulation
A new Federal Trade Commission report on alcohol marketing and youth examines industry efforts to reduce the likelihood that alcohol advertising will target those under the legal drinking age of 21. It also announces a new system for monitoring alcohol industry compliance with self-regulatory programs. The report explains where alcohol suppliers spend their promotional dollars, […]
FTC Reports on Alcohol Marketing and Self-Regulation
A new Federal Trade Commission report on alcohol marketing and youth examines industry efforts to reduce the likelihood that alcohol advertising will target those under the legal drinking age of 21. It also announces a new system for monitoring alcohol industry compliance with self-regulatory programs. The report explains where alcohol suppliers spend their promotional dollars, […]