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CFPB Proposes New Federal Oversight of Big Tech Companies over Digital Consumer Payment Applications

CFPB Proposes New Federal Oversight of Big Tech Companies over Digital Consumer Payment Applications

The Consumer Financial Protection Bureau (CFPB) has proposed a rule to define a market for general-use digital consumer payment applications. Larger participants in this market would be subject to CFPB supervision and examination authority under the Consumer Financial Protection Act (CFPA). The proposed market would cover providers of funds transfer and wallet functions through consumer digital applications for consumers' general use used to make payments to other persons for personal, family, or household purposes. Examples include many consumer financial products and services that are commonly described as "digital wallets," "payment apps," "person-to-person apps," "P2P apps," and similar applications.

November 15, 2023 10:30 AM
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Analysis of FDA’s Final Rule for DTC Prescription Drug Ads

Analysis of FDA’s Final Rule for DTC Prescription Drug Ads

The FDA's final rule for Direct-to-Consumer Prescription Drug Advertisements will certainly impact the creative decisions agencies will make about how to structure the agency refers to as the "major statement" or the dual modality of presenting in a balanced or "neutral" manner the drug's benefits and risks in visually clear, easily read and verbally paced, consumer-friendly language.

November 29, 2023 3:02 PM
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NLRB General Counsel Issues Memo Indicating Non-Competes Are Unlawful in Almost All Cases

NLRB General Counsel Issues Memo Indicating Non-Competes Are Unlawful in Almost All Cases

National Labor Relations Board (NLRB) sent a memo to all Regional Offices deeming that the act of extending, maintaining, and enforcing of non-compete provisions in employment contracts and severance agreements seemingly violates the National Labor Relations Act (NLRA) except in limited circumstances. Worth noting, the FTC has issued its own proposed to ban noncompete agreements, and Congress has introduced the Workforce Mobility Act ( S.220 / H.R. 731) in February 2023.

 

June 5, 2023 10:43 AM
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FTC Releases New Staff Paper on Harms to Kids & Teens from Online “Blurred” or Stealth Advertising

FTC Releases New Staff Paper on Harms to Kids & Teens from Online “Blurred” or Stealth Advertising

The Federal Trade Commission (FTC) issued a new staff paper that recommends that advertisers, social media influencers, and others who market or promote products online to children should avoid blurring advertising by clearly separating advertising and entertainment, educational, and other content to help limit potential negative effects to children. The FTC staff paper recommends five practices recommended to help mitigate potential harm.

September 20, 2023 12:29 PM
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Recent Posts

FDA Issues Long-Awaited Final Rule for DTC Prescription Drug Ads

11, 29, 2023

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CFPB Proposes New Federal Oversight of Big Tech Companies over Digital Consumer Payment Applications

11, 15, 2023

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FTC Releases New Staff Paper on Harms to Kids & Teens from Online “Blurred” or Stealth Advertising

09, 20, 2023

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About Us

CHC

CHC

The Coalition for Healthcare Communication is an organization that promotes the free exchange of scientific and medical information. It is essential that healthcare professionals and the general public receive truthful, accurate information regarding pharmaceuticals, medical products and devices, and patient care.

In addition to white papers and other documents published by the Coalition, you can also find relevant information on current healthcare and health economics issues, as well as policy positions published by government agencies and other professional organizations.