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I don't normally blog about court decisions, but in 2015, the United States Court of Appeals, in a case referred to as "Madden," tossed a monkey wrench into the ability of banks to sell loans. Before Madden, if the interest rate on a loan was valid when it was made, then the interest rate remained valid even after it was sold. Thus, before Madden, if a bank legally made a loan at 12% interest, and then sold it to a non-bank that was not permitted to lend at more than 10%, the 12% ra
Whether you’re an active influencer on social media or just occasionally endorse a friend/family member’s product or service, check out the easy-to-read (and apply!) Disclosures 101 for Social Media Influencers brochure and video the FTC published last week. One way to stay out of trouble is to sufficiently disclose your relationship. Find the document and three videos here.
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