The Federal Trade Commission (the “FTC” or “Commission”) is extending further its deferral of enforcement of the Identity Theft Red Flags Rule to November 1, 2009.1 This rule was promulgated pursuant to § 114 of the Fair and Accurate Credit Transactions Act (“FACTA”). Congress directed the Commission and other agencies to develop regulations requiring “creditors”2…
Tag: FTC
TALX Corp. settles FTC charges
TALX Corporation, a subsidiary of Equifax Inc., has agreed to settle Federal Trade Commission charges that it violated federal law by failing to provide certain disclosures to users of their consumer reports and to entities that provide information for consumer reports. The proposed settlement requires TALX to pay a $350,000 civil penalty and bars future…
Self-Regulatory Proposal: Faint Praise, Criticisms
There has been relatively little reaction from the privacy community since a consortium of major players in online behavioral advertising led by the Interactive Advertising Bureau (IAB) issued a proposal for self-regulation last week. But Ryan Calo of the Stanford Law School Center for Internet and Society has turned his lawyerly eye to the proposal…
Court orders spammers to give up $3.7 million
A U.S. district court has ordered key players in an international spam ring to give up $3.7 million that they made by sending out illegal e-mail messages pitching bogus hoodia weight-loss products and a “human growth hormone” pill they claimed reversed the aging process. In a Federal Trade Commission law enforcement action, the court found…