Tag: Consumer Protection

Stay Away From These 115 Hand Sanitizers, F.D.A. Warns

The Food and Drug Administration has expanded its list of hand sanitizers that consumers should avoid to include products with inadequate levels of alcohol in addition to those containing methanol. The agency issued an advisory last week announcing that its tests had found four hand sanitizers with “concerningly low levels of ethyl alcohol or isopropyl […]

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F.T.C. Investigating Twitter for Potential Privacy Violations

OAKLAND, Calif. — Twitter said on Monday that it was under investigation by the Federal Trade Commission for potentially misusing people’s personal information to serve ads, adding that it faced fines of $150 million to $250 million. In a corporate filing, Twitter disclosed that the F.T.C. began the investigation last October after it had linked […]

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Federal Aid Has So Far Averted Personal Bankruptcies, but Trouble Looms

The United States went into the Great Lockdown with the most household debt in history, stagnant incomes for all but high earners and armies of people telling pollsters they were living paycheck to paycheck. Then, for millions, their paychecks stopped. But instead of a stampede to the bankruptcy courts, personal bankruptcy filings — a useful, […]

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Financial Brokers Must Now Act in Your ‘Best Interest.’ What Does That Mean?

The next time you shop around for financial advice, more investment professionals will be able to assure you that they’re acting in your “best interest.” But what’s really in your best interest is understanding precisely what that means. A Securities and Exchange Commission rule that took effect on June 30 created a new standard for […]

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