Posted: 1/12/2010
NAMIC Voices Concern on Expansion of Federal Trade Commission Powers
On January 7, NAMIC partnered with the U.S. Chamber of Commerce and the Direct Marketing Association and sent a letter to the U.S. Senate expressing our concerns over the removal of certain limitations on the power of the Federal Trade Commission (FTC) included in comprehensive federal financial services industry regulatory reform legislation that was recently passed by the House of Representatives.