Explain the consumer protection laws afforded to consumers by FTC and CFPB

Explain the consumer protection laws afforded to consumers by FTC and CFPB

  • Research “THE FEDERAL TRADE COMMISSION” and “THE CONSUMER FINANCIAL PROTECTION BUREAU”
  • Address, at a minimum, the following:
    • The legal protections afforded to consumers by these bodies
    • The rules/laws/regulations that these bodies apply/enforce to provide those protections
    • The steps that are taken to investigate/enforce violations of consumer rights
    • The penalties that may be imposed for violating these rules/laws/regulations
    • The “real” impact and significance of their activities on U.S. commerce
    • Cite 5 cases along with brief, case summaries to present examples of how at least one of these bodies (and their rules/laws/regulations) has protected a consumer.
    • Anything else that you can add

Guidelines for Submission:

  • Follow the appropriate rules for citation as they apply to your discipline
    • APA for business students
  • To fully address the main points of this Act, at least five pages would be required (not including cover page or reference page)
  • At least five credible sources are required (i.e. scholarly or professional, not wiki sites)
  • Submit as a Word Document, Double-Spaced, Times New Roman, 12 Point Font with 1″ Margins

Answer preview:

consumer protection laws

Word limit: 1902