FTC

FTC: Financial Education Services Ran $213M Pyramid Scheme
FTC: Financial Education Services Ran $213M Pyramid Scheme
June 01, 2022  |  Security & Fraud

The Federal Trade Commission (FTC) has acted against credit repair company Financial Education Services, accusing it of running a $213 million pyramid scheme, according to...

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FTC to Issue $152M in Checks to Additional Victims of AMG Services
FTC to Issue $152M in Checks to Additional Victims of AMG Services
May 19, 2022  |  Security & Fraud

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by...

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Oregon Sen. Wyden Urges FTC to Investigate ID.me for Facial Recognition Deception
Oregon Sen. Wyden Urges FTC to Investigate ID.me for Facial Recognition Deception
May 18, 2022  |  Identity

U.S. Sen. Ron Wyden, D-Ore., on Wednesday (May 18) wants the Federal Trade Commission (FTC) to investigate whether identity verification services provider ID.me, which is...

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US FTC Could Find NIST an Ally to Push Its AI Agenda
US FTC Could Find NIST an Ally to Push Its AI Agenda
April 28, 2022  |  artificial intelligence

The Federal Trade Commission (FTC) is the federal agency leading the regulatory efforts in the U.S. on artificial intelligence (AI). Since November 2021 when it...

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Regulatory Risks to Play Larger Role in New M&A Calculus
Regulatory Risks to Play Larger Role in New M&A Calculus
April 22, 2022  |  ANTITRUST

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end...

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Regulators Worried Next ‘Big Tech’ Will Be Created on Their Watch
Regulators Worried Next ‘Big Tech’ Will Be Created on Their Watch
April 20, 2022  |  Acquisitions

Mergers and acquisitions in the tech space have become a critical issue for regulators worldwide. Agencies probably feel that they have underenforced the law in...

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NFL’s Commanders Deny House Committee’s Allegations of Financial Misconduct
NFL’s Commanders Deny House Committee’s Allegations of Financial Misconduct
April 18, 2022  |  Legal

The Washington Commanders have denied allegations of financial misconduct, The Wall Street Journal (WSJ) reported Monday (April 18). They also criticized the House committee investigating...

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TechREG Weekly: Big Tech Turns to Privacy to Mitigate Antitrust Woes 
TechREG Weekly: Big Tech Turns to Privacy to Mitigate Antitrust Woes 
April 15, 2022  |  Regulation

This was an active week for BigTech, particularly for Apple and Microsoft, both facing new antitrust problems in Europe. In addition, Apple’s CEO once again...

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FTC Chair Wants to Step up Privacy Protection With New Rules
FTC Chair Wants to Step up Privacy Protection With New Rules
April 12, 2022  |  Regulation

Federal Trade Commission (FTC) Chair Lina Khan said on Monday (April 11) that it is time for the agency to “reassess” rules around what data...

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