An FTC final rule amending requirements that allow a consumer to prohibit the use of certain information obtained from affiliates for customer solicitation was published in the Federal Register.
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An FTC final rule amending the Commission's requirements for entities using information from customer reports for unsolicited credit or insurance advertising was published in the Federal Register.
The FTC approved "largely technical changes" to five rules under the Fair Credit Reporting Act. The amendments clarify that the FCRA rules, as enforced by the FTC, apply only to motor vehicle dealers, since Dodd-Frank transferred authority for the regulation of other types of entities to the CFPB.
The FTC proposal to clarify that Parts 642 and 698 under the Fair Credit Reporting Act apply only to motor vehicle dealers was published in the Federal Register.
The Consumer Financial Protection Bureau and the Federal Trade Commission highlighted efforts to stop improper debt collection practices.