The Federal Trade Commission has announced the final agenda for its June 28 workshop to examine the consumer privacy and security issues posed by automated and connected cars.
FTC Acting Chairman Maureen K. Ohlhausen will deliver opening remarks at the daylong workshop. The event will bring together a variety of stakeholders, including industry representatives, consumer advocates, academics, and government officials, to discuss privacy and security issues related to connected and automated vehicles.
The workshop will feature panel discussions on the types of data connected cars will generate, collect and share; cybersecurity challenges; the privacy implications of connected cars; and potential role of government agencies.
The workshop, which is free and open to the public, will be held at the Constitution Center, 400 7th St., SW, Washington, DC 20024. The conference will be webcast live.
Auto purchase, financing and leasing will be among the main topics of an upcoming Federal Trade Commission workshop.
The FTC announced the agenda and speakers confirmed to date for its upcoming workshop in San Antonio on July 19.The forum will focus on financial issues and scams that can affect military consumers, including active duty service members in all branches and veterans.
Military consumer advocates and groups, government representatives (local, state, and federal), military legal services and legal clinics (including those at universities), all service branches, and industry representatives will speak at the event.
The workshop, which is free and open to the public, will take place at Chapman Auditorium, Trinity University, San Antonio.
Preregistration is not required.
The event will also be tweeted live from the FTC’s Military Consumer Twitter account (@Milconsumer (link is external)) using hash tag #MilFinancialWorkshop.
The staff of the Federal Trade Commission has provided its 2016 Annual Financial Acts Enforcement Report to the Consumer Financial Protection Bureau on enforcement and related activities regarding Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act), and Regulation E (Electronic Fund Transfer Act).
The report on TILA, CLA, and EFTA addresses, among other things, the FTC’s enforcement actions related to non-mortgage credit, including automobile purchases and financing, payday lending, and consumer electronics financing, mortgage-related credit such as forensic audit scams, leasing, and negative options and other cases involving electronic fund transfers. It also provides information about the FTC’s efforts regarding consumer and business education, research, and policy development related to truth in lending, leasing, and electronic fund transfers.
A copy of the report also has been provided to the Federal Reserve Board.
U.S. PIRG, along with Consumers for Auto Reliability and Safety (CARS) and the Center for Auto Safety, is challenging in court recent actions by the Federal Trade Commission.
The issue is the FTC’s decision to allow dealers to advertise used cars as “safe,” “repaired for safety issues,” or “subject to a rigorous inspection,” even if those used cars are subject to safety recalls.
The groups claim that doing so is unfair or a deceptive act or practice.
Recently, the groups filed a second petition for review in the federal appeals court and an amended complaint in the federal trial court. They did this to include within its pending challenge the FTC’s decision to allow CarMax Inc., Asbury Automotive Group, Inc., and West-Herr Automotive Group, Inc. to engage in similar conduct.
The Federal Trade Commission has extended the deadline until May 1 for the public to submit comments on topics that should be examined as part of a June 28 workshop on the consumer privacy and security issues posed by automated and connected motor vehicles.
Last month, the FTC and the National Highway Traffic Safety Administration (NHTSA), which is co-hosting the workshop, called on the public to submit comments on the privacy and security issues associated with connected cars. The comment deadline, originally set for April 20, has been extended to May 1 at the request of stakeholders.
A list of suggested questions and information about submitting comments can be found on the workshop’s detailed public notice.
It will be webcast live on the FTC’s website. Registration information, an agenda, directions to the FTC’s Constitution Center building, and a list of speakers will be available on the event webpage.
Auto purchase, financing, and leasing will be among the topics at an upcoming Federal Trade Commission workshop.
The FTC is hosting a workshop in San Antonio, Texas, on July 19 to examine financial issues and scams that can affect military consumers, including active duty service members in all branches and veterans. The workshop also will discuss FTC resources available to military consumer advocates and representatives on financial readiness and fraud prevention, including the FTC’s Military Consumer Toolkit, available at Military.Consumer.gov.
The FTC’s Military Consumer Financial Workshop: Protecting Those Who Protect Our Nation will bring together military consumer advocates, consumer groups, government representatives (local, state, and federal), military legal services and legal clinics (including those at universities), all service branches, and industry representatives.
Sage Automotive Group – nine Los Angeles-based auto dealerships, their holding and management companies, and two individuals – has agreed to pay more than $3.6 million for return to consumers in order to settle Federal Trade Commission charges that it used deceptive and unfair sales and financing practices, deceptive advertising and deceptive online reviews.
The proposed settlement order will prohibit the defendants from making misrepresentations relating to their advertising, add-on products, financing and endorsements or testimonials.
The proposed order will also bar the defendants from engaging in other unlawful conduct when a sale is cancelled, such as failing to return any down payment or trade-in or seeking legal action, arrest, repossession or debt collection unless the action is lawful and the defendants intend to take such action. It also prohibits them from violating the Truth In Lending Act and Regulation Z, and the Consumer Leasing Act and Regulation M.
Auto related issues made up 3 percent of consumer complaints received by the Federal Trade Commission’s Consumer Sentinel Network in 2016.
There were 84,673 complaints logged on the website. Auto complaints ranked No. 8 on the overall list.
Debt collection was first with 859,090, making up 28 percent of all complaints.
The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau with an annual summary of its activities enforcing the Equal Credit Opportunity Act.
The FTC is responsible for ECOA enforcement and education regarding most non-bank financial service providers. In the summary, FTC staff describes the commission’s work on ECOA-related policy issues, including those addressed in research and policy development such as a proposed consumer survey to provide insights into consumer understanding of the automobile purchasing and financing process at dealerships; a report outlining questions for businesses to consider to help ensure that their use of big data avoids outcomes that may be exclusionary or discriminatory; a report on fraud in African American and Latino communities; and FTC workshops. The summary also outlines the commission’s business and consumer education efforts on fair lending issues.
A coalition of consumer groups filed suit against the Federal Trade Commission over its recent certified car decision.
Consumers for Auto Reliability and Safety (CARS), the Center for Auto Safety, U.S. Public Interest Research Group (PIRG), MASSPIRG, CONNPIRG, and CALPIRG filed a legal case seeking to have an appellate court review and overturn the FTC’s consent orders with General Motors, Lithia Motors and Jim Koons Management Co.
The decision would allow GM and the dealers to advertise that cars with unrepaired safety recalls as “safe,” “repaired for safety,” passed a “rigorous inspection,” and qualified to be sold as “certified” cars” – without getting safety recall repairs performed, if the companies provide a disclaimer that the cars “may” be subject to a safety recall.
The groups say the FTC’s Consent Order set a de-facto standard for the auto industry that “allows dealers to deceptively advertise cars with dangerous and potentially lethal safety defects that have killed and maimed people.”