Effective as of August 1, 2016, the maximum penalty for violations of some of the major laws enforced by the Federal Trade Commission has increased from $16,000 to $40,000. The violations to which these penalties apply include those regulations under the FTC Act addressing unfair or deceptive acts or practices. Adjustments will be made each January to account for inflation.

If you would like additional information, please do not hesitate to contact a member of the Dealer Practice Group at 248-645-9300 or by email: