The Federal Trade Commission is seeking public comment on how children are affected by digital advertising and marketing messages that may blur the line between ads and entertainment. The FTC is seeking the input in conjunction with an October 19, 2022 event that will examine the topic. More information is here.
Read Stiglitz's essay here.
In his essay The Search for Strategies to Reduce Medical Error, law prof Robert Rabin reviews Closing Death’s Door: Legal Innovations to End the Epidemic of Healthcare Harm, by Michael J. Saks and Stephan Landsman, which considers the policy strategies for reducing medical error. Rabin then places Saks and Landsman's work in the context of […]
by Jeff Sovern I co-authored it with Nahal Heydari. It's available here. And here's the abstract: Consumers increasingly engage in financial transactions on smartphones, including obtaining loans. Lawmakers depend on mandatory disclosures to alert consumers when loan terms are excessive. When those disclosures are provided on the tiny screen of a mobile phone, can consumers […]
From the announcement: The University of Maryland Francis King Carey School of Law invites applications for a newly endowed tenured or tenure-track faculty position in consumer law to begin July 1, 2023. For this position, we will consider junior- and senior-lateral candidates and experienced practitioners with demonstrated potential for outstanding teaching and original scholarship. Qualifications […]
Two announcements today from the CFPB: CFPB Warns that Digital Marketing Providers Must Comply with Federal Consumer Finance Protections Today, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule laying out when digital marketing providers for financial firms must comply with federal consumer financial protection law. CFPB Takes Action Against Hello Digit for Lying […]
The LA Times has the story here (might be behind a paywall). More on the scandal here.
by Jeff Sovern As you may know, the US Chamber of Commerce has been running commercials attacking the CFPB and its director, Rohit Chopra. If you are going to read further, I suggest you first click on the link to watch the commercial. And now, some comments: The title of the commercial is "The CFPB […]
Matthew A. Bruckner of Howard and CJ Ryan of Louisville and the American Bar Foundation have written The Magic of Fintech? Insights for a Regulatory Agenda from Analyzing Student Loan Complaints Filed with the CFPB, Dickinson Law Review, Forthcoming 2022. Here’s the abstract: This paper looks at consumer complaints about student loan lenders and servicers […]