SEC-LR-26169 (11-14-24) Money Magnet Platinum Membership Initiative LLC, et al. SEC Litigation Release No. 26169 / November 14, 2024 SEC Obtains Final Judgements Against Lakenya Hopkins Excerpt: The Securities and Exchange Commission announced that is has obtained final judgement against Lakenya Hopkins for her role in a promissory note selling scheme, falsely promising investors extraordinary […]
Category: ( Agency News )
Agency News is essential for consumer and investor protection, providing critical information about product recalls, safety warnings, and fraudulent schemes. These releases promote transparency and accountability in the marketplace, enabling consumers to make informed decisions while keeping investors updated on regulatory changes and market conditions. JCAP101.com serves as a central hub for these important updates, aggregating news releases and articles that empower individuals to recognize and avoid scams. By fostering awareness and knowledge, JCAP101.com plays a pivotal role in the fight against fraud and deceptive practices, helping consumers and investors navigate the complexities of the marketplace confidently.
CFPB-PR-241113-2 (11-13-24) CFPB Survey Reveals Impacts of Student Loan Debt Relief and Repayment Challenges – Debt relief recipients report being able to make beneficial changes in their lives; many borrowers still unaware of repayment options Excerpt: WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) issued its first results from its Student Loan Borrower […]
(CFPB-PR-241113-1) (11-13-24) CFPB Pilot Study Finds Differential Treatment in Small Business Lending Markets – Lenders less likely to encourage Black entrepreneurs and more often steer them toward alternative financing Excerpt: WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a study revealing significant disparities in how lenders treat Black and white small business owners seeking […]
CFTC-PR-9006-24 (11-12-24) (CFTC-PR-2411) CFTC Awards $4M to Two Whistleblowers Excerpt: November 12, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced it is awarding nearly $4 million to two whistleblowers who provided information leading to the successful enforcement of a covered action. Information from both whistleblowers formed the basis for the CFTC’s investigations underlying the covered action. One whistleblower provided information earlier […]
( CFPB-PR-241112-1 ) (11-12-24) CFPB Report Details Carveouts for Financial Institutions in State Data Privacy Laws – Gaps in consumer protections pose risks as companies increasingly build business models to make money from personal financial data Excerpt: WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report (PDF 23-pages) examining federal and state-level privacy […]
FTC-PR-241112-1 (11-12-24) FTC Action Stops H&R Block’s Unfair Downgrading Practices and Deceptive Promises of ‘Free’ Filing – Proposed settlement would require company to pay $7 million for consumer redress and make changes for consumers in tax filing seasons 2025 and 2026 A Federal Trade Commission lawsuit is leading to changes for consumers who use H&R […]
( CFPB Press Releases – Article ) ( Articles ) ( CFPB Press Releases ) CFPB Press Releases (CFPB-Info) Introduction The Consumer Financial Protection Bureau (CFPB) is an essential agency in the United States that focuses on protecting consumers in the financial sector. One of the key methods the CFPB uses to communicate its activities and initiatives is through Press Releases. […]
SEC-PR-2024-179 (11-08-24) SEC Charges Invesco Advisers for Making Misleading Statements About Supposed Investment Considerations Excerpt: Washington D.C., Nov. 8, 2024 — The Securities and Exchange Commission today charged Invesco Advisers, Inc. for making misleading statements about the percentage of company-wide assets under management that integrated environmental, social, and governance (ESG) factors in investment decisions. The […]
( CFPB-PR-241107-1 ) (11-07-24) Navy Federal Credit Union Excerpt: On November 7, 2024, the Bureau issued an order against Navy Federal Credit Union, headquartered in Vienna, Virginia. Navy Federal is the largest retail credit union in the United States, with more than 13 million members with ties to the armed forces, Department of Defense, or […]
FTC-PR-241106-2 (11-06-24) FTC Order Against AI-Enabled Review Platform Sitejabber Will Ensure Consumers Get Truthful and Accurate Reviews – Sitejabber allegedly misrepresented ratings and reviews submitted by consumers who had not yet received products or services The Federal Trade Commission today charged that Sitejabber, a company offering an AI-enabled consumer review platform, deceived consumers by misrepresenting […]