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HTMLFTC Cracks Down on Gold, Credit Marketers for TSR Violations
Roger A. Colaizzi, Gary D. Hailey, Jeffrey D. Knowles, Melissa Landau Steinman, Ian D. Volner; Venable LLP;
Legal Alert/Article
January 31, 2012, previously published on January 19, 2012
On Wednesday, the Federal Trade Commission (“FTC”) announced a pair of enforcement actions and asset freezes relating to alleged violations of the Telemarketing Sales Rule (“TSR”).

 

HTMLFTC, Consumer Financial Protection Bureau Sign Memorandum of Understanding
Roger A. Colaizzi, Gary D. Hailey, Jeffrey D. Knowles; Venable LLP;
Legal Alert/Article
January 31, 2012, previously published on January 26, 2012
On Tuesday, the Federal Trade Commission (“FTC”) and the Consumer Financial Protection Bureau (“CFPB”) announced an agreement to coordinate consumer protection efforts and avoid duplication as both agencies perform their law enforcement and regulatory missions. The CFPB was...

 

HTMLFTC Bans Payment Processor from Using Remotely Created Payment Orders
Roger A. Colaizzi, Gary D. Hailey, Jeffrey D. Knowles, Jonathan L. Pompan, Janet F. Satterthwaite; Venable LLP;
Legal Alert/Article
January 19, 2012, previously published on January 12, 2012
The FTC announced on January 5 that it has settled charges that Landmark Clearing, Inc. and three of the company’s principals used a novel payment method called "remotely created payment orders" to allow merchants access to consumer bank accounts. According to the FTC, Landmark...