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FTC Cites Need For Improvement In Compliance Reports

Less than a week after warning subpoena and CID recipients to take their obligation to respond “seriously,” the FTC took aim at perceived inadequacies in compliance reports submitted pursuant to FTC consent orders and...more

Student loan servicers’ obligations under Maryland’s “Ombudsman Act” now in effect

On September 28, 2018, the Maryland Commissioner of Financial Regulation issued a notice advising companies servicing student loans of Maryland borrowers to provide their contact information to the state’s new Student Loan...more

FTC Testifies Before House Committees Regarding Ongoing Focus on Payment Processors

On July 26, 2018, the FTC testified before two subcommittees of the U.S. House Committee on Oversight and Government Reform regarding the FTC’s continued focus on payment processors....more

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