Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
FTC issues final rule banning fake reviews and testimonials
The Federal Trade Commission yesterday announced a final rule that will combat fake reviews and testimonials by prohibiting their sale or purchase and allow the agency to seek civil penalties against knowing violators.
The rule prohibits:
- Fake or false consumer reviews, consumer testimonials, and celebrity testimonials
- Buying positive or negative reviews
- Insider reviews and consumer testimonials
- Company-controlled review websites
- Review suppression
- Misuse of fake social media indicators
The rule will become effective 60 days after it is published in the Federal Register.
Publication and effective date update: Published at 89 FR 68034 in the 8/22/2024 Federal Register, with an effective date of 10/21/2024