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FTC rules take aim at debt-relief industry

The Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they owe creditors. Business - Debt settlement - Financial Services - Federal Trade Commission - Financial Planning

Feds crackdown on debt settlement companies

Upfront fees no longer allowed in many cases New restrictions are being placed on companies that purport to help borrowers get rid of crippling amounts of debt. The Federal Trade Commission's effort aims to address complaints about lenders that charge huge fees but fail to reduce the obligations of customers in debt.

RiverPark Lays Out Three Planned Active ETFs

RiverPark pushes forward with an updated 40-APP filing outlining plans for three active ETFs.RiverPark Advisors, in an updated exemptive relief filing with the U.S.

United States, Other Donors Eliminate Haitis Debt to International Financial Institutions

WASHINGTON The U.S. Department of the Treasury today announced that the United States, the International Financial Institutions (IFIs), and other donors have together reached the goal of eliminating the total debt stock that Haiti owed to the IFIs at the time of the January earthquake.

US bans advance fees for some debt settlement firms

US bans advance fees for some debt settlement firms