FTC

The Consumer Financial Protection Bureau, Federal Trade Commission, the Civil Rights Division of the U.S. Department of Justice, and the Equal Employment Opportunity Commission released a joint statement outlining a commitment to enforce their respective laws and regulations against firms that engage in unlawful discrimination through the guise of artificial intelligence tools. Read on for more details. Read on »

In a recent unanimous decision from the Supreme Court, the court held that entities and individuals facing administrative proceedings from the Federal Trade Commission and the Securities and Exchange Commission have the right to enjoin those proceedings through a suit before a federal district court before the administrative proceeding has concluded. Read on for more details. Read on »

The Federal Trade Commission (FTC) filed a motion in federal court requesting the court issue a temporary restraining order and preliminary injunction to prevent Intercontinental Exchange from going through with its proposed acquisition of rival mortgage technology firm Black Knight, pending the outcome of the FTC’s administrative challenge to the deal. Read on for more details. Read on »

Artificial intelligence (AI) has been a thing of science fiction storytelling since the genre’s earliest days. For many, when they think of AI, they think of androids and possibly Isaac Asimov’s three laws of robotics. But there is more to AI and machine learning than robots. They can also be helpful tools in real estate finance. Read on for more details. Read on »

The Federal Trade Commission announced it is taking administrative action to block the proposed acquisition of Black Knight by Intercontinental Exchange. The commission believes the deal between two major competitors in the mortgage technology industry would lead to increases in costs for consumers and reductions in innovation and competition in the market. Read on for more details. Read on »

The Federal Trade Commission launched a new office of technology which is intended to strengthen the commission’s ability to keep pace with technological challenges in the digital marketplace. Read on for more details. Read on »

Christine Wilson, the lone Republican commissioner at the Federal Trade Commission (FTC), announced intentions to resign her position. In the opinion piece announcing her resignation, she criticized the FTC chair of “abuses of government power” as the FTC has worked to restrict mergers and prohibit use of noncompete clauses in contracts. Read on for more details. Read on »

The Biden-Harris Administration announced new actions intended to “increase fairness in the rental market and further principles of fair housing.” These actions are part of the new “Blueprint for a Renters Bill of Rights” which was unveiled concurrent with the announcement of the administration’s latest actions. The Blueprint established a set of principles to drive action by the federal, state and local governments, as well as the private sector, to strengthen tenant protections and encourage rental affordability. Read on for more details. Read on »

While serving as chair of the House Financial Services Committee, now-ranking member Maxine Waters (D-Calif.) sent a letter to Federal Trade Commission Chair Linda Khan urging the “robust review” of Intercontinental Exchange’s proposed acquisition of Black Knight. Read on for more details. Read on »

The Federal Trade Commission announced it is extending the public comment period for its advanced notice of proposed rulemaking regarding junk fees. Read on for more details. Read on »