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 […]
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-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 […]
FTC-PR-241106-1 (11-06-24) (FTC) Issues Order Approving 2025 Budget for Horseracing Integrity and Safety Authority The Federal Trade Commission has issued an order (PDF) approving the Horseracing Integrity and Safety Authority’s 2025 budget as submitted to the Commission. Under the FTC’s rule addressing oversight of the Authority’s budget process, the Authority must submit its proposed annual budget to the FTC for […]
FTC-PR-241105-1 (11-05-24) FTC Takes Action Against Online Cash Advance App Dave for Deceiving Consumers, Charging Undisclosed Fees – Federal court complaint charges that company rarely provides advertised advance amounts, charges ‘tip’ fee to consumers without their knowledge The Federal Trade Commission is taking action against online cash advance app Dave (PDF) for allegedly using misleading marketing to […]
FTC-PR-241104-2 (11-04-24) FTC Takes Action Against Phantom Debt Collector That Collected Millions In Bogus Debt From Consumers – Federal court temporarily halts operations while lawsuit proceeds The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, […]
FTC-PR-241104-1 (11-04-24) FTC Sends More Than $17 Million to Consumers Harmed by Brigit’s Deceptive Claims, Junk Fees, and Confusing Cancellation Process The Federal Trade Commission is sending more than $17 million in refunds to consumers harmed by online cash advance provider Brigit, which the agency says deceived consumers with false promises of “instant” cash advances […]
( CFPB-PR241101-1 ) (11-01-24) CFPB Takes Action to Address Townstone Financial’s Unlawful Redlining – Settlement follows a significant victory for the CFPB and its fair lending authority in the U.S. Court of Appeals for the Seventh Circuit Excerpt: WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its case against Townstone […]
CPSC-RECALLS-WARNINGS-2024 – Recall Notices & Product Safety Warnings The Consumer Product Safety Commission takes a proactive and aggressive approach to product safety, prioritizing consumer protection. This involves continuous market monitoring for potential hazards, issuing recall notices for unsafe products, engaging in public education campaigns to inform consumers about safety risks, collaborating with manufacturers to ensure […]