← American Bankers Association
FTCRulemakingFTC-2023-0064

Trade Regulation Rule on Unfair or Deceptive Fees

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Dec 19, 2023
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closed 902d ago
American Bankers Association filings
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American Bankers Association filed 1 comment on this docket between Feb 7, 2024 and Feb 7, 2024. 79 other organizations filed here. The comment window closed 902d ago.

What American Bankers Association filed (1)

Feb 7, 2024· Comment from American Bankers Association and Consumer Bankers Association· FTC-2023-0064-3139

Please see attached comment from the American Bankers Association and the Consumer Bankers Association.

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Abstract

The Federal Trade Commission commences a rulemaking to promulgate a trade regulation rule entitled ‘‘Rule on Unfair or Deceptive Fees,’’ which would prohibit unfair or deceptive practices relating to fees for goods or services, specifically, misrepresenting the total costs of goods and services by omitting mandatory fees from advertised prices and misrepresenting the nature and purpose of fees. The Commission finds these unfair or deceptive practices relating to fees to be prevalent based on prior enforcement, the comments it received in response to an advance notice of proposed rulemaking, and other information discussed in this proposal. The Commission now solicits written comment, data, and arguments concerning the utility and scope of the trade regulation rule proposed in this notice of proposed rulemaking to prevent the identified unfair or deceptive practices.

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Co-filers (79)

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