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Financial Services Law Insights and Observations

FTC to Host Joint Conference on Protecting Military Consumers

Consumer Finance Agency Rule-Making & Guidance FTC Servicemembers SCRA Military Lending Act CFPB Student Lending Mortgages Debt Collection Privacy/Cyber Risk & Data Security

Consumer Finance

On July 27, the FTC announced it is partnering with state and local authorities to host the Protecting Military Consumers: A Common Ground Conference on September 7 in Los Angeles to provide training on consumer fraud and other issues affecting servicemembers and their families. The conference is geared towards military attorneys, law enforcement personnel, and consumer protection officials, and will include the following topics:

  • student loans and for-profit colleges;
  • identity theft and imposter scams;
  • debt collections;
  • mortgage disputes; and
  • real estate fraud.

Additionally, the conference will discuss several federal, state, and local consumer protection laws, including the Servicemembers Civil Relief Act, the Military Lending Act, and FTC and CFPB rules and regulations.

Earlier in July, the FTC held a Military Consumer Financial Workshop to educate consumers on financial issues and scams they may face. (See previous InfoBytes coverage here.)