Our enforcement actions and investigations practice offers clients a team of attorneys with specific experience and knowledge of issues arising from the Federal Trade Commission (FTC) as it relates to the financial services industry. We are seasoned professionals who understand the intricacies of the various divisions of the FTC and its regulations.
We regularly counsel clients on compliance with federal regulations such as the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA) and the Truth in Lending Act (TILA), and provide guidance regarding state and local statutes. We advise and prepare our clients proactively for FTC compliance matters in order to avoid costly government audits, investigations, fines, litigation, or damage to brand or reputation, and we provide skilled representation when litigation becomes necessary.
Our clients are directly affected by the core goals and priorities of the FTC:
In order to diligently respond to the requirements of the FTC, we provide skilled legal representation to help businesses navigate the many state and federal regulations that govern consumer finance and business interactions. Furthermore, while the explosion of web-based media within the past decade is a testament to the growth of advertising opportunities for businesses and consumers alike, such activities bring an increased pressure to legally protect your business. Our FTC attorneys have a proven record of successfully representing and advising financial service companies in these matters, from the mundane to the sensational. We regularly represent financial institutions in FTC investigations concerning a variety of matters, including consumer privacy/data security breaches as well as alleged deceptive or abusive practices by telemarketers, third-party payment processors, and similar parties.
The attorneys of our consumer financial services practice also advise businesses on critical matters such as consumer data privacy and protection, and on traditional financial services such as mortgage lending. Our experience with state and federal regulations can assist financial services companies, agencies, and not-for-profits in understanding the numerous guidelines and navigating the growing restrictions within the expanding field of debt collection, debt reduction/negotiation, and credit counseling. Our knowledge of FTC regulations that affect all aspects of business and commerce, including telephone and email solicitations, mail orders, product and price comparisons, product labeling and ingredient disclosure, and country-of-origin claims, helps a business protect its bottom line.
Press Coverage
05.20.24
Important Considerations Surrounding the FTC Ban on Noncompete Contracts
Press Coverage
05.15.24
New Junk Fee Rules Require Staying Ahead of the Regulatory Curve
Consumer Financial Services Law Monitor
03.08.24
The War on Fees Intensifies: Presidential Strike Force and Industry’s Legal Counterattack
Podcasts
02.29.24
Avoiding Auto Finance Pitfalls Under the FTC's New CARS Rule
Consumer Financial Services Law Monitor
02.26.24
A CFPB First: Bureau Publicly Asserts “Dormant” Supervisory Authority Over Company
Consumer Financial Services Law Monitor
02.16.24
FTC Issues Supplemental Rulemaking to Combat Impersonation Fraud