Curious about the Red Flags Rule, an identity theft prevention measure first issued in 2007? The FTC has announced a new Interim Final Rule that narrows the circumstances when a creditor is covered. Are you and your clients up on the latest?
It’s called history sniffing — the practice of “sniffing” people’s web browsers to determine if they’ve visited certain sites. According to the FTC’s lawsuit against Epic Marketplace and affiliated companies, history sniffing is a particularly invasive form of tracking that raises serious consumer privacy concerns.
The wheels are turning on proposed updates to the FTC’s Used Car Rule. Formally known as the Used Motor Vehicle Trade Regulation Rule (although only its Mother calls it that), the Rule has been in effect since 1985. It requires car dealers to display a window sticker, called a Buyers Guide, on used cars they offer for sale. The Buyers Guide gives people information about the car — for example, whether it’s being sold “as is” or with a warranty, what percentage of the repair costs a deal
Some sports fans spend Saturdays on the field. For the rest of us, raising a Big Foam Finger is exertion enough. But we’ve all read stories about the dangers that head injuries pose to participants in contact sports. That’s why the FTC is continuing to raise concerns about possibly unsubstantiated claims for products advertised to reduce the risk of sports concussions.
When it comes to making hotel reservations, some consumers aren’t feeling very hospitable about drip pricing — the practice of advertising only part of the price and then revealing other charges later as the customer goes through the buying process. That’s why FTC staff sent out 22 warning letters to companies raising concerns about the practice.