One of the most important consumer protections in finance is the Securities Act of 1933 which was enacted during the Great Depression. The act strictly limits the sale of investment contracts referred to as "securities" and requires issuers to disclose the details of their financing and business p...
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Exercise caution when usingpublic Wi-Finetworks, as they are vulnerable to MITM attacks. Avoid accessing sensitive information or logging into accounts that require passwords when connected to unsecured Wi-Fi. Always verify SSL certificateswhen accessing websites or online services. Ensure the certificat...
SLAM algorithms helped contribute to self-driving cars and are used in consumer products like vacuum cleaning robots and quadcopter drones. Today, this work has evolved into behavior-based robotics, also referred to as haptic technology because it responds to human touch. Behavior-based robotics (...
Its authority to regulate on behalf of consumer protections comes from The Federal Trade Commission Act (FTC Act), which has broad jurisdiction over commercial entities under its authority to prevent unfair or "deceptive trade practices." While the FTC uses its authority to issue regulations, ...
Related Articles What does "Habeas Data" Mean? What are the Different Types of Protections Under Consumer Law? What is Privacy Management? What are the Issues Surrounding Customer Privacy? Discussion Comments WiseGeek, in your inbox Our latest articles, guides, and more, delivered daily. ...
Stronger consumer protections. Greater protection of consumer data, personal data and privacy. More efficient use of generative AI in federal government with greater oversight and guardrails. U.S. leadership in the global governance of AI, ideally in collaboration with international partners. ...
Today, all gateway providers must comply with STIR/SHAKEN protocols and take “additional measures to validate the identity of providers whose traffic they are routing” [*]. Other consumer protections include the Telephone Consumer Protection Act (TCPA) and Telephone Robocall Abuse Criminal Enforcement...
Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There is no federally mandated maximum interest rate for credit cards. For credit cards, the CARD Act offers various protections and provides more transparency when it comes...
For example, California, which has some of the strongest consumer protections in the nation, requires insurers to quickly pay out up to $250,000, or the equivalent of 30% of the policy’s dwelling coverage limit, when a state of emergency has been declared and the home is known to be ...