Auto Finance – The Holder Rule — The Consumer Finance Podcast
The “Adam’s Rib” of assignee liability ? the “Holder Rule” issued by the Federal Trade Commission (“FTC”) in 1976 ? is up for review. Imposing liability on innocent purchasers of consumer credit loans for the legal violations...more
In a Federal Register notice on December 1, 2015, the Federal Trade Commission announced that it is undertaking a review of its Trade Regulation Rule concerning the Preservation of Consumers’ Claims and Defenses (commonly...more
Since the early 1990s, the Federal Trade Commission (FTC) has conducted periodic reviews of its numerous trade regulation rules and industry guides in order to, in its words, “ensure that they enhance consumer welfare without...more