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Reverse Mortgage Lender Settles CFPB Charges For Misleading Advertising - Finance and Banking

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A reverse mortgage lender settled CFPB charges for sending
advertisements to senior citizens that misrepresented the costs and
risks associated with the lender s loans.
In a consent order, the CFPB found that the company s
advertisements:
materially misstated the costs associated with the reverse
mortgages;
omitted the fact that borrowers would have to continue making
tax and insurance payments or else risk losing their homes;
falsely represented that consumers receiving the advertisements
had a preexisting relationship with the lender; and
falsely claimed that consumers who received the advertisements ....

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Auchan podwyższa pensje pracownikom. Od maja wzrosną premie indywidualne

Auchan podwyższa pensje pracownikom. Od maja wzrosną premie indywidualne
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Trentino lunedì in zona gialla: riaprono teatri, cinema, musei, bar e ristoranti. E attenzione al «Green Pass» per gli spostamenti

Trentino lunedì in zona gialla: riaprono teatri, cinema, musei, bar e ristoranti. E attenzione al «Green Pass» per gli spostamenti
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SUFRAGIO - El Nacional

SUFRAGIO - El Nacional
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SEC Publishes Revised Investment Adviser Marketing Rule, Effective May 4, 2021 | Tonkon Torp LLP

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At long last, the SEC has finally published its Revised Investment Adviser Marketing Rule. effective as of May 4, 2021. Investment advisers will have 18 months following the effective date, or until November 4, 2022, to come into compliance with the Marketing Rule.
Some of the key takeaways for SEC registered investment advisers cover the expanded definition of advertising, seven principle-based prohibitions, permitted activities (testimonials, endorsements, and third party ratings), and performance results reporting.
What Is an Advertisement?
The first prong in the definition of an “advertisement” is “any direct or indirect communication an investment adviser makes to more than one person [households are considered one client], or to one or more persons ....

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