News & Analysis as of

Online Reviews UDAAP

Fox Rothschild LLP

FTC: Be Precise and Accurate With Your Advertising or Beware

Fox Rothschild LLP on

The Federal Trade Commission is taking a hard look at marketing and advertising statements, making sure they are precise and accurate. Here are some key takeaways from recent enforcements:...more

Cooley LLP

CFPB Follows FTC’s Lead on Consumer Online Reviews

Cooley LLP on

On March 22, 2022, the Consumer Financial Protection Bureau announced that it has issued guidance designed to dissuade financial institutions from curbing consumers’ rights to post online reviews. Specifically, the CFPB put...more

Goodwin

CFPB Broadens Scope of UDAAP Authority to Discrimination and Consumer Reviews

Goodwin on

The Consumer Financial Protection Bureau (CFPB) has been actively reshaping the scope of its supervisory and enforcement priorities with respect to unfair, deceptive, or abusive acts or practices (UDAAPs) under the Consumer...more

Venable LLP

The CFPB Warns Companies Against Impeding or Manipulating Honest Customer Reviews

Venable LLP on

In a bulletin published last week, the Consumer Financial Protection Bureau (CFPB) warned banks and other financial companies against impeding honest reviews of consumer financial products and services. Although it does not...more

Venable LLP

CFPB Bulletin on UDAAPs That Impede Consumer Reviews

Venable LLP on

The Consumer Financial Protection Bureau (CFPB) issued a compliance bulletin regarding potentially illegal practices related to consumer reviews. The bulletin seeks to promote reviews about financial products and services...more

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