The FTC has adjusted the maximum civil penalty dollar amounts for violations of laws enforced by the FTC, including the federal Fair Credit Reporting Act (FCRA) that governs background checks in the United States.
The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 requires the FTC to issue adjustments in the Federal Register to increase maximum civil penalty amounts under their jurisdiction for inflation every January. The following adjusted amount for the FCRA took effect on February 14, 2019.
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FTC Publishes Inflation-Adjusted Civil Penalty Amount for FCRA Violations
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- Written by: Thomas Ahearn for ESR
- Category: Breaking News - Daily