The Federal Trade Commission (FTC) has issued its annual report to the Federal Reserve Board on FTC enforcement and related activities regarding the Equal Credit Opportunity Act (ECOA), Electronic Fund Transfer Act (EFTA), Consumer Leasing Act (CLA), and Truth in Lending Act (TILA).

This year’s report also discusses future FTC activities and the Dodd-Frank Act, including the Act’s establishment of the Consumer Financial Protection Bureau (CPFB). It notes that while the Act transferred certain FTC regulatory functions to the new agency, the FTC retains its authority to enforce the ECOA, EFTA, CLA, and TILA, among other things. The report also addresses certain FTC activities regarding payment cards, initiatives regarding motor vehicles, and coordination with the CFPB on mortgage disclosure matters.

The report is available now on the FTC’s website and as a link to this press release. The Commission vote approving the report was 4-0. A copy of the report also has been provided to the CPFB. (FTC File No. P064808; the staff contact is Carole L. Reynolds, Bureau of Consumer Protection, 202-326-3230)

The Federal Trade Commission receives consumer complaints about credit report errors, identity theft, unauthroized credit card charges, and fraudulent, deceptive, and unfair business practices.  To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357).  Have you already filed a complaint with the FTC or do you need more information about consumer rights under the Equal Credit Opportunity Act (ECOA), Electronic Funds Transfer Act (EFTA), Consumer Leasing Act (CLA), or Fair Credit Reporting Act (FCRA)?  Have you filed a complaint with the Better Business Bureau, too?  Contact consumer protection attorney Micah Adkins 24/7 at 1-800-263-9091 for a free consultation.

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