This bill amends the California Consumer Financial Protection Law (CCFPL) to clarify and underscore theauthority of the Department of Financial Protection and Innovation (DFPI) to enforce consumerfinancial protection laws to safeguard consumers from deceptive and predatory practices.
NCLC fully supports the FTC’s proposal to amend the TSR to include inbound technical support calls in response to a solicitation to help protect consumers from these scam calls.
NCLC opposes the Financial Services Innovation Act of 2023, which would create regulatory “sandboxes” for companies that would force agencies to shirk their statutory duties to enforce the law and protect consumers and instead prioritize allowing risky and unproven products into the marketplace before they have been fully evaluated to ensure that they comply with…
Read More about Opposition to H.R. 7440 (McHenry) Financial Services Innovation Act of 2023
The comments support the FTC’s proposed rule and urges the Commission to strengthen several provisions in the proposed rule to prevent companies from using alternative deceptive pricing tactics to get around the rule.
Read More about Consumer Coalition Comments to the FTC's Proposed Junk Fee Rule
Submitted to Regulations.govRohit Chopra, DirectorConsumer Financial Protection Bureau1700 G Street NW,Washington, DC 20552 Dear Director Chopra, The undersigned consumer organizations are pleased to support the Consumer Financial Protection Bureau’s (CFPB) proposal to require nonbank covered persons that are subject to certain agency and court orders to register those orders with the CFPB. The registry will…
