Federal Trade Commission

As reported on our Hunton Retail Law Resource blog, on January 7, 2020, the Federal Trade Commission announced a settlement with Mortgage Solutions FCS, Inc., and its sole principal, Ramon Walker, to resolve allegations that the lender violated the FTC Act, the Fair Credit Reporting Act and the Gramm-Leach-Bliley Act, by improperly disseminating consumers’ personal information on Yelp in response to consumers’ negative reviews posted to that site.
Continue Reading Mortgage Broker Settles FTC Privacy Charges That It Improperly Disclosed Consumer Information on Review Site

On January 6, 2020, the Federal Trade Commission announced that it granted final approval to a settlement with InfoTrax Systems, L.C. and its former CEO, Mark Rawlins, related to allegations that InfoTrax failed to implement reasonable, low-cost and readily available security safeguards to protect the personal information the company maintained on behalf of its business clients.

Continue Reading FTC Finalizes Settlement with InfoTrax for Failure to Safeguard Consumer Data

On December 18, 2019, the House Energy and Commerce Committee released a bipartisan staff-level draft privacy bill. The bill would create a new Bureau of Privacy within the Federal Trade Commission to enforce the bill and an Office of Business Mentorship to assist companies with compliance.
Continue Reading House Energy and Commerce Committee Staff Release Bipartisan Draft Privacy Bill