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Section 5 of the Federal Trade Commission FTC Act prohibits unfair and deceptive acts and practices. Negative customer reviews cannot be suppressed; incentives for reviews must be disclosed; material connections between a reviewer and the reviewed product must be disclosed. ....
The White House Domestic Policy Council and National Economic Council published a Blueprint for a Renter Bill of Rights on behalf of the Biden Harris Administration. The Renter Bill of Rights is a nonbinding statement of principles, not an actual statement of government policy. ....
The FDIC recently announced a consent order with an Oregon regional bank for violations of Section 8 of RESPA, the FTC Act, and the FRCA, resulting in a civil monetary penalty totaling $425,000. This is the second such civil penalty on the same bank for similar RESPA violation. ....
FTC announced settlement with GoodRx Holdings, violations of Federal Trade Commission Act FTC Act and Health Breach Notification Rule HBNR for using advertising technologies on websites and mobile app resulted in unauthorized disclosure of consumer personal health information. ....
The FTC published proposed rules that would prohibit noncompete agreements between employers and workers. The proposed FTC rules do not mention banks, but the commission’s commentary on the proposed rules states that they do not apply to some entities such as certain banks. ....