Remove 2015 10
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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On January 10, the FTC announced that it will send payments totaling more than $2.9 On January 6, the FTC announced that it adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

For the first year after the effective date of the proposal, these firms would be subject to an excise tax of 10% of the costs of electricity they use in digital asset mining. billion in revenue over 10 years. The excise tax would then increase to 20% in the second year, and it would reach its maximum of 30% in year three.