Recent News

CFPB Bulletin 2011-05: Enforcement and Fair Lending

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The Consumer Financial Protection Bureau issues this bulletin to solicit information from knowledgeable sources about potential violations of Federal consumer financial laws. The Bureau welcomes information from current or former employees of potential violators, contractors, vendors, and competitor companies. Certain employees and their representatives who provide such information are protected against retaliation from their employers under Section 1057 of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act.Download to read the full article.

Facebook's future: What the FTC order means for consumer privacy

The FTC's complaint against Facebook outlines eight separate areas where the FTC says Facebook's privacy practices were deceptive or unfair. What provisions does the proposed order put in place to protect people in the future? Read full article.

All Cookies Are Not Created Equal

November 9th, 2011 by From the OnGuardOnline.gov blog.

The FTC announced a settlement with ScanScout, a video ad network that uses cookies to track people’s online browsing and deliver targeted ads to them. This is the first FTC settlement addressing a company’s use of flash cookies to track people’s online behavior.

Sony: PlayStation Breach Involves 70 Million Subscribers

Interesting story on cnbc regarding a security breach, in which hackers made away personal information of 70 million playstation subscribers. Read Full Story

CFPB Launches Website

Although it does not formally assume any regulatory authority until July 21, 2011, the Consumer Financial Protection Bureau has launched its website, www.consumerfinance.gov. The website explains the CFPB's mission and invites consumers to share their stories and suggestions for the new agency. The website includes a video narrated by Ron Howard that explains the causes of the financial crisis and how the CFPB will be a cop on the euro to protect consumers going forward. The website includes a link to the CFPB's blog, as well as its accounts on Facebook, Twitter, and You Tube.