Remove Federal Trade Commission Remove Laws Remove UDAAP
article thumbnail

CFPB Action Against Equifax Imminent

PYMNTS

The Federal Trade Commission and the Department of Justice are already investigating the cyberattack. The CFPB and legal experts said the regulator could pursue Equifax under an aspect of the Dodd-Frank Act that bans unfair, deceptive and abusive acts and practices (UDAAP). Last week, U.S.

CFPB 46
article thumbnail

Equifax CEO To Explain Leak To Congress

PYMNTS

In the meantime, the Federal Trade Commission has already launched an investigation into the leak, and Equifax is also facing backlash from several U.S. The CFPB and legal experts said the regulator could pursue Equifax under an aspect of the Dodd-Frank Act banning unfair, deceptive and abusive acts and practices (UDAAP).

UDAAP 46