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15 U.S.C. § 6105 — Administration and applicability of chapter

submitted 32 years ago by Pub. L. 103-297 to r/title-15-COMMERCE-AND-TRADE · 301 words · no verdicts yet

in plain englishAI-generated · not legal advice

Except for listed provisions, the Commission enforces this chapter under the Federal Trade Commission Act, and the Bureau enforces it for covered consumer financial products and services. Activities outside that Act’s jurisdiction are not affected.

(a) Except as sections 6102(d), 6102(e), 6103, and 6104 provide, the Commission enforces this chapter under the Federal Trade Commission Act. Therefore, activities outside that Act’s jurisdiction are not affected. (b) The Commission must stop violations of section 6102 rules with the same methods, jurisdiction, powers, duties, penalties, privileges, and immunities that would apply if the relevant FTC Act provisions were part of this chapter. (c) This chapter does not limit the Commission’s other legal authority. (d) Subject to subtitle B of the Consumer Financial Protection Act of 2010 and the same listed exceptions, the Bureau of Consumer Financial Protection enforces this chapter under that Act’s subtitle E for offering or providing a consumer financial product or service covered by that Act.

the actual law source: uscode.house.gov ↗public domain
(a) In general

Except as otherwise provided in sections 6102(d), 6102(e), 6103, and 6104 of this title, this chapter shall be enforced by the Commission under the Federal Trade Commission Act (15 U.S.C. 41 et seq.). Consequently, no activity which is outside the jurisdiction of that Act shall be affected by this chapter.

(b) Actions by Commission

The Commission shall prevent any person from violating a rule of the Commission under section 6102 of this title in the same manner, by the same means, and with the same jurisdiction, powers, and duties as though all applicable terms and provisions of the Federal Trade Commission Act (15 U.S.C. 41 et seq.) were incorporated into and made a part of this chapter. Any person who violates such rule shall be subject to the penalties and entitled to the privileges and immunities provided in the Federal Trade Commission Act in the same manner, by the same means, and with the same jurisdiction, power, and duties as though all applicable terms and provisions of the Federal Trade Commission Act were incorporated into and made a part of this chapter.

(c) Effect on other laws

Nothing contained in this chapter shall be construed to limit the authority of the Commission under any other provision of law.

(d) Enforcement by Bureau of Consumer Financial Protection

Except as otherwise provided in sections 6102(d), 6102(e), 6103, and 6104 of this title, and subject to subtitle B of the Consumer Financial Protection Act of 2010 [12 U.S.C. 5511 et seq.], this chapter shall be enforced by the Bureau of Consumer Financial Protection under subtitle E of the Consumer Financial Protection Act of 2010 [12 U.S.C. 5561 et seq.], with respect to the offering or provision of a consumer financial product or service subject to that Act.

Source credit: (Pub. L. 103–297, § 6, Aug. 16, 1994, 108 Stat. 1549; Pub. L. 111–203, title X, § 1100C(d), July 21, 2010, 124 Stat. 2111.)

history & why it existsrecord from the source credit
  • 1994Enacted · Pub. L. 103-297 · 108 Stat. 1549
  • 2010Amended · Pub. L. 111-203 · 124 Stat. 2111

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-297 on 1994-08-16.

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