Consumer And Banking Scholars Speak Out In Favor Of Consumer Financial Protection Agency

Consumer And Banking Scholars Speak Out In Favor Of Consumer Financial Protection Agency

Earlier this week, a group of 70 law professors from universities across the country released a 16-page Statement of Support (pdf) detailing why they’re in favor of the proposed Consumer Financial Protection Act. You can read the statement yourself via the link above, but we’ve summarized them below.

Senators Introduce Bill To Ban Text Message Spam

Senators Introduce Bill To Ban Text Message Spam

Senators Olympia Snowe, R-Maine, and Bill Nelson, D-Florida, have introduced the m-SPAM Act, which would update the CAN-SPAM law to include text message spam. “The m-SPAM Act would explicitly bar marketers from sending text messages to any mobile number in the national Do-Not-Call registry maintained by the FTC,” reports InternetNews.