Trade Commission

As many Americans spiraled deeper into financial disrepair last year, a record number of consumers fell victim to companies seeking to profit from their misfortune, according to the federal governments consumer complaints report released Wednesday.

Last year, distressed homeowners became particularly vulnerable to financial rescue schemes, the complaints data show. Companies that, for instance, offer mortgage modifications or foreclosure relief programs generated one consumer complaint in 2008—and nearly 8,000 in 2009.

The Huffington Post Investigative Fund is documenting these schemes in the ongoing series, Hard Times Profiteers. Credit and mortgage schemes are often advertised on roadside signs, according to consumer advocates. If youve seen such an ad, snap a picture and send it to the Investigative Fund. And if you are the victim of a scheme, send the Investigative Fund your story at huffpostfund.org/profiteers.

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There’s a lot of misinformation going around about an alleged “new YouTube rule” that you must disclaim all products shown in your videos or else the FTC will fine you $11,000. None of that is true. You only need to put a disclaimer in your video if a manufacturer or advertiser gave you a product for free and/or is paying you in exchange for your review and endorsement of it. People who claim otherwise are misinformed and are relying on incorrect rumors and bogus scare tactics and conspiracy theories. Unlike them, I did the real research to back up what I say, including reading the 81-page FTC guidelines document itself. You can also go to the FTC’s own YouTube channel, “FTCvideos,” for more information.

We live in an age of instant communication, which also unfortunately gives the opportunity for instant misinformation to be widely spread. Now more than ever, it is a good idea to research a variety of reputable sources before you believe or pass on any rumors or speculation you may have heard or read.

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A short photostory on the duties and responsibilities of the Federal Trade Commission

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The Federal Trade Commission has recently updated their guidelines for blogs and endorsements. Regular bloggers will find they fall under different guidelines than celebrities, but all bloggers need to be aware of new the new rules or they will incur stiff fines.

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FTC Commissioner Pamela Jones Harbour discusses online safety challenges on mobile devices and the FTC’s efforts to keep kids safe online.

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Jon Leibowitz ‘84 (NYU Law), currently a commissioner of the Federal Trade Commission (FTC) and formerly the Democratic chief counsel and staff director of the U.S. Senate Antitrust Subcommittee, spoke on January 12 at NYU School of Law’s Public Interest Forum. In his talk, Leibowitz touched on his pre-FTC career and his experiences as a commissioner, which include cases about anticompetitive behavior in the pharmaceutical industry, predatory financial practices and spamming.

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The recent ruling by the Federal Trade Commission may impact the generics industry. So says Glenn Saldanha, MD and CEO of Glenmark. In an interview with CNBC-TV18, Saldanha spoke about the recent FTC ruling, revenue kickers and out-licensing deals in 2010.
PART4

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The recent ruling by the Federal Trade Commission may impact the generics industry. So says Glenn Saldanha, MD and CEO of Glenmark. In an interview with CNBC-TV18, Saldanha spoke about the recent FTC ruling, revenue kickers and out-licensing deals in 2010.
PART3

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In this Consumer Alert Video I share information from the Federal Trade Commission (FTC) about consumer complaints and concerns regarding issues that relates to homes that have the imported drywall in them. According to the FTC and the Consumer Product Safety Commission there appears to be a connection between the defective imported drywall and health issue of people living in homes that have the drywall as well as damage to their homes.

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http://www.twitter.com/erinscandalous
http://www.scandalousbeautyonline.com

-All you need to do is simply write something like “I received “product x* as a sample by the company.” That’s it! This has been cited on many FTC guides.

-There is no fine! The FTC doesn’t have the authority to fine you! Here is a quote from a member of the FTC. “The root problem here is that reports that there is a monetary penalty for violating these guidelines is untrue. The FTC does not have the authority to impose a fine for a violation to the FTC act,” says Cleland who heads the FTC’s division of advertising practices.” Read this article in the PRNewser for more info! http://alturl.com/3tda

Here’s a really easy to understand guide to the FTC here: http://www.beautyandfashiontech.com/2009/10/new-ftc-guides-for-endorsements-a-how-to-guide-for-bloggers.html

Here’s a longer, more thorough guide, also on Beauty and Fashion Tech: http://www.beautyandfashiontech.com/about/how-to-implement-the-ftc-guides-concerning-endorsements-a-guide-for-bloggers

Another FTC Guide: http://www.socialmissive.com/the-ftc-endorsement-guides-how-to-guide/

The beauty blogger NY Times article: http://www.nytimes.com/2008/01/31/fashion/31SKIN.html

Here’s a quick video created BY the FTC about the revisions! http://www.youtube.com/watch?v=DBMlq3R85Xk

Found this interview with a member of the FTC discussing the revisions in detail!! http://jimedwards.s3.amazonaws.com/ftc-advertising-interview/index.html

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