Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas. We understand that keeping on top of the rapidly evolving regulatory landscape is more important than ever for businesses seeking to offer new and ground-breaking technologies. Please reach out if there are other topics you’d like to see us cover or for any additional information.
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FTC Commissioner Phillips Plans to Leave the Agency in the Fall, Per Media Reports. On August 8, several media outlets reported that FTC Commissioner Noah Phillips informed his staff through a memo that he plans to resign from his position at the agency this Fall. Commissioner Phillips was originally confirmed as FTC Commissioner on April 26, 2018 after being nominated by President Donald Trump. Before joining the agency, Commissioner Phillips served as Chief Counsel to Senator John Cornyn (R-TX) on the Senate Judiciary Committee. Commissioner Phillips’ departure will leave a 3-1 Democratic to Republican split at the agency pending confirmation of a replacement. No more than three FTC Commissioners may be from the same political...
Athena Construction Group Inc. must pay about $1 million for violating the False Claims Act by making misrepresentations about its eligibility to receive contracts set aside for HUBZone companies,...