The FTC’s past two weeks focused on privacy and cybersecurity as well as the Bureau of Consumer Protection successfully wrapping up multiple cases regarding various forms of unfair or deceptive acts or practices. The FTC launched its third action against Meta regarding user privacy issues. In addition, the FTC is seeking comments on a number
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Everyone’s Talking AI, Including the FTC: Key Takeaways from the FTC’s 2023 AI Guidance
On February 27, 2023, the Federal Trade Commission (“FTC”) Division of Advertising Practices updated their business guidance on the usage of Artificial Intelligence (“AI”) for 2023. In their post titled “Keep your AI claim in check”, the FTC guides marketers on how best to legally and efficiently utilize AI in advertising and avoid AI…
FTC Updates (February 27 – March 3, 2023)
This week, the FTC partnered with the Consumer Financial Protection Bureau to explore background screening issues affecting individuals who seek rental housing in the United States. For the first time, the Commission returned funds to consumers whose health data was compromised. Lastly, the Commission announced a workshop to discuss “recyclable” advertising claims. These stories and…
Payroll Obligations During Liquidity Crunch Crisis – Implications and Responses
March 13, 2023
On Friday, March 10, 2023, regulators shut down Silicon Valley Bank (“SVB”) and seized its deposits, resulting in the second largest U.S. banking failure since the 2008 financial crisis. Specifically, SVB was closed by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation (the “FDIC”) was named…
FTC Updates (Jan 2 – 13, 2023)
The FTC started the new year with a proposed new rule that would ban employers from imposing non-competes on their workers. It also announced increases to civil penalties connected to various federal provisions. These stories after the jump.
Wednesday, January 4, 2023
- For the first time, the FTC has taken administrative action against three companies
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FTC Updates (December 5 – December 16, 2022)
The FTC kicked off the holiday season analyzing data on fraudulent online shopping, cryptocurrency, and employment advertisements that are popular on social media. The Commission also announced updates to the Eyeglass Rule while also announcing the public comment period for potential updates to the Green Guides. These stories and more after the jump.
Wednesday, December…
FTC Updates (November 14-23, 2022)
The week and a half proceeding the Thanksgiving federal holiday was busy for the Federal Trade Commission. Not only did the Commission release yearly updates such as its Fiscal Year 2022 Agency Financial Report and National Do Not Call Registry Data Book for Fiscal Year 2022, it also filed three complaints, an amicus brief and announced…
FTC Updates (October 31 – November 4, 2022)
The FTC hosted an online privacy seminar that brought together researchers, academics, and industry representatives to discuss trends related to consumer privacy and data security. The agency announced a lawsuit against an education technology provider for allegedly lax data security practices that exposed sensitive information about millions of customers and employees. The agency also announced…
FTC Updates (October 24-28, 2022)
The FTC had its hands full last week with enforcement actions—releasing orders and a warning letter in matters across the board from consumer privacy, to COVID-19, and to advertising. More on these actions, as well as an update on a forthcoming event on consumer privacy and data security, after the jump.
Monday, October 24, 2022…
FTC Updates (October 10-21, 2022)
It’s rulemaking week at the FTC, particularly within the Bureau of Consumer Protection. The agency announced multiple Advance Notices of Proposed Rulemaking for public comment in connection with its October 20, 2022 Open Commission meeting. These Notices and other FTC reports this week touch on fake reviews, illegal fees, protecting older consumers, right-to-repair issues, energy…