Notice of Proposed Rulemaking (FTC): Duties of Creditors Regarding Risk-Based Pricing Rule
Updated 09/11/2020
The Federal Trade Commission (FTC) is requesting public comment on its Duties of Creditors Regarding Risk-Based Pricing Rule (“Risk-Based Pricing Rule”). This notice of proposed rulemaking (“NPRM) clarifies the scope of the FTC’s rule to only motor vehicle dealers described in section 1029(a) of the Dodd-Frank Act. The FTC also requested comment on specific questions regarding the Risk-Based Pricing Rule.
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