Joint FTC and CFPB effort to protect consumers

The FTC has just issued a media advisory inviting credentialed members of the media to participate in a press call  that the FTC and CFPB will hold at noon EST on Monday “to announce a coordinated effort to protect consumers.”  The key participants will be Kent Marcus, CFPB Assistant Director of Enforcement, and Thomas Pahl, FTC Assistant Director of the Division of Financial Practices.  After they speak, a discussion with CFPB and FTC officials will follow.  Stay tuned for further developments.