Tuesday at 11:00 EST the FTC will announce “a major law enforcement sweep” on a teleconference.
It’s unclear exactly what industry is the target of this sweep, but suspense is high. The announcement will come alongside “federal and state partners” to include New York Attorney General Letitia James. My initial reaction is that target could be debt collection and/or financial services practices during the COVID-19 pandemic, but only time will tell . . . stay tuned.