
The Consumer Financial Protection Bureau (CFPB) has announced its intention to enforce the Federal Trade Commission's (FTC) Click-to-Cancel Rule, targeting financial companies that create obstacles for consumers attempting to cancel subscriptions. This enforcement aims to hold these companies accountable for practices that complicate the cancellation process. Additionally, the CFPB is urging states to take action on consumer financial data protection and has highlighted challenges in financial data protection in a recent report. The FTC has also been active, publishing an FAQ regarding its new rule on the use of consumer reviews and testimonials, and continues its efforts against fake consumer reviews. Furthermore, there are new requirements concerning automatic renewals and negative option offers, reflecting a broader movement towards enhanced consumer protection in various sectors, including telecommunications, where the CFPB has recently imposed fines on a telecom giant for allegedly exploiting incarcerated consumers. Recent advisories have also warned about vulnerabilities exploited by threat actors, particularly through the DocuSign API, which has been used to send fake invoices.











#Cancel Culture: New Requirements for #Auto Renewals and Other Negative Option Offers #law https://t.co/KhPopuqKMS @automotiveMfg https://t.co/4WD3Rmvn9S
Cancel Culture: New Requirements for Automatic Renewal and Other Negative Option Offers https://t.co/RfgqGLlmVT #FTC #Antitrust #Government @SPB_Global https://t.co/RyPwbQBe1M
Privacy Tip #421 – Threat Actors Using DocuSign API to Send Fake Invoices https://t.co/brwRkyrByo #Communication #ConsumerProtection #Laws @patentlyo @sheeraf https://t.co/zR2EY0IhmN