Ad Law Access
FTC Continues Push for Civil Penalties with Important Implications for Financial Institutions and MLMs
The FTC yesterday took two actions that on their face seemed part of the regular course, but that could signal notable changes for financial institutions and multi-level marketing companies. First, the FTC filed an…
Another Arrow In The Quiver: ROSCA as an Alternative to 13(b) In Obtaining Monetary Relief
There are some really smart lawyers at the FTC. For over 40 years, they were able to convince the federal judiciary (and, let’s face it, most of us) that the FTC had an authority that a unanimous Supreme Court in AMG…
Energy and Commerce Committee Democrats Advance 13(b) Reform Legislation through Subcommittee
On May 27, the House Energy and Commerce Committee’s Subcommittee on Consumer Protection and Commerce advanced by voice vote H.R. 2668, legislation to clarify the Federal Trade Commission’s authority under Section…
Post-AMG Scorecard: The FTC is Required to Pay Receiver’s fees in Cardiff
Last Month, in AMG Capital Management, LLC v. FTC, the Supreme Court ruled that Section 13(b) of the FTC Act does not allow for monetary remedies. While the importance of this ruling is plain, its implications are…
Acting Chair Rebecca Slaughter and Chamber of Commerce Spar Over a New 13(b)
Recently, the U.S. Chamber of Commerce published a letter to the Committee on Commerce, Science, and Transportation, the Congressional Committee currently working on draft language for a new Section 13(b) of the FTC…