- For Release: May 12, 2009
FTC Testifies on Efforts to Protect Consumers of Financial ServicesThe Federal Trade Commission today told the U.S. House Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce that, in response to the current economic crisis, the FTC has substantially increased its law enforcement efforts to protect consumers of financial services.
- For Release: May 12, 2009
Work-At-Home Marketers Settle FTC Charges: Falsely Claimed Consumers Could Earn Significant Income Processing Medical BillsThe marketers of a work-at-home scam who led consumers to believe they could earn $500 or more per week processing medical bills and would receive training and access to customers have agreed to settle Federal Trade Commission charges that their deceptive claims violated federal law.
- For Your Information: May 12, 2009
FTC Approves Final Consent Order in Matter of Native Essence Herb CompanyCommission Approval of Final Consent Order: Following a public comment period, the Commission has approved a final consent order in the matter of Native Essence Herb Company.
- For Release: May 11, 2009
FTC Alleges That Mortgage Lender Charged Hispanics Higher Prices for LoansThe Federal Trade Commission has charged a home mortgage lender and its owner with violating federal law by charging Hispanic consumers higher prices for mortgage loans than non-Hispanic white consumers – price disparities that cannot be explained by the applicants’ credit characteristics or underwriting risk.
- For Your Information: May 11, 2009
Commission Submits FY 2010 Budget Request and GPRA Performance Plans to Congress; Commission Seeks Public Comments on Agency’s Negative Option RuleBudget request and GPRA Performance Plans submission to Congress: The Commission has approved the FTC’s FY 2010 Budget Overview Statement and the Government Performance and Results Act (GPRA) Performance Plans for FY 2009 and FY 2010. The Commission is seeking public comment on its Rule Concerning the Use of Prenotification Negative Option Plans (Negative Option Rule), 16 C.F.R. Part 425, as part of the agency’s systematic review of its rules and guides.
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