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CFPB, FTC would share ‘click-to-cancel’ rule enforcement ability
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Industry Regulation
Tuesday, November 26, 2024
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The Federal Trade Commission issued its “click-to-cancel” final rule, requiring entities operating subscription-based services to make the cancellation process as easy as enrollment for consumers. Consumer Financial Protection Bureau Director Rohit Chopra subsequently issued a statement noting the rule is enforceable by the bureau, as well as the commission.
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