Steves Distributing News Today

To embed, copy and paste the code into your website or blog: Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas. We understand that keeping ...

Editorial credit: Felix Lipov / Shutterstock.com According to a Federal Trade Commission official, settlements in a law enforcement sweep against CBD marketers send a "clear message" to the growing sector: "Don’t make spurious health claims that are unsupported by medical science." A handful of marketers of CBD products have agreed to each pay tens of thousands of dollars to the Federal Trade Commission after they were charged with making deceptive claims. Dubbed �...

Agriculture your username December 18, 2020 The Federal Trade Commission (FTC) announced a “law enforcement crackdown” on deceptively marketed CBD products on Thursday. As part of the action, the FTC filed litigation against six companies which sell products containing CBD with claims that they made unsupported marketing claims about the products’ ability to treat various health conditions.  The FTC said it was hoping to send a message to the CBD industry that they should not ...

U.S. Federal Trade Commission Lays Down the Law on Deceptive CBD Claims December 18, 2020 Contact Author Rachel Grabenhofer Close Sponsored The U.S. Federal Trade Commission (FTC) announced its first law enforcement crackdown on deceptive claims in the growing market for cannabidiol (CBD) products. Oils, balms, gummies, coffee and other goods were among the product types cited. The FTC reports it is taking action against six sellers of CBD-containing products for making a wide rang...

Andrew Smith, Director, Bureau of Consumer Protection on Thursday, December 17, 2020.   The Federal Trade Commission today announced the first law enforcement crackdown on deceptive claims in the growing market for cannabidiol (CBD) products. The FTC is taking action against six sellers of CBD-containing products for allegedly making a wide range of scientifically unsupported claims about their ability to treat serious health conditions, including cancer, heart disease, hypertension, Alzheime...

“It’s the Wild West out there!” How often have you heard that statement made about health claims for products containing CBD? But here’s the thing: It’s not the Wild West. In fact, health-related representations for CBD products are subject to the same established requirements of scientific substantiation the FTC has applied for decades to any advertised health claim. That’s the message of Operation CBDeceit, a law enforcement sweep challenging allegedly unproven representations tha...