Newsletters
The Care Labeling Rule - Overview
The Care Labeling Rule of the Federal Trade Commission (FTC) is a federal law designed to provide consumers with care instructions for "textile wearing apparel," i.e., clothes, and certain piece goods, i.e., pieces of fabric sold at retail. The Rule is applicable to manufacturers and importers of such products.
Broadcasting Obscene, Indecent, and Profane Material
Obscene speech is not protected by the First Amendment. Federal law prohibits the broadcast of obscene speech at any time.
The Textile and Wool Labeling Acts - Covered Persons and Entities
Generally, the labeling requirements of the Textile Fiber Products Identification Act (Textile Act), the Wool Products Labeling Act (Wool Act), and their accompanying rules apply to any person or entity that manufactures, imports, sells, offers to sell, distributes, or advertises products covered by the Textile Act or the Wool Act.
The Truth in Lending Act - Advertising Consumer Credit - Open-End Credit Disclosures
Under the Truth in Lending Act, if an advertisement for open-end credit contains any of the "triggering terms," the ad must also contain the following information: (1) any minimum, fixed, transaction, activity, or similar charge that could be imposed; (2) any periodic rate that may be applied, expressed as an annual percentage rate; and (3) any membership or participation fee.
Home Ownership and Equity Protection Act - Prohibited Features and Practices
The Home Ownership and Equity Protection Act (HOEPA) prohibits a lender from making loans based on the collateral value of a borrower's property without regard to his ability to repay the loan. In addition, proceeds for home improvement loans must be disbursed either directly to the borrower, jointly to the borrower and the home improvement contractor, or, in some situations, to the escrow agent.
