[Federal Register Volume 60, Number 128 (Wednesday, July 5, 1995)]
[Notices]
[Pages 35026-35027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16449]
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FEDERAL TRADE COMMISSION
[Dkt. C-3578]
Felson Builders, Inc., et al.; Prohibited Trade Practices, and
Affirmative Corrective Actions
AGENCY: Federal Trade Commission.
ACTION: Consent order.
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SUMMARY: In settlement of alleged violations of federal law prohibiting
unfair acts and practices and unfair methods of competition, this
consent order requires, among other things, three California firms and
an officer to comply with the full disclosure requirements of the Truth
in Lending Act and Regulation Z, its implementing regulation, in
advertising credit terms, and requires the respondents to make full
written disclosure of the true costs and terms of the financing prior
to consummation of credit agreements.
DATES: Complaint and Order issued May 15, 1995.\1\
\1\Copies of the Complaint and the Decision and Order are
available from the Commission's Public Reference Branch, H-130, 6th
Street & Pennsylvania Avenue, N.W., Washington, D.C. 20580.
FOR FURTHER INFORMATION CONTACT:
Jeffrey Klurfeld, San Francisco Regional Office, Federal Trade
Commission, 901 Market St., Suite 570, San Francisco, CA. 94103. (415)
744-7920.
SUPPLEMENTARY INFORMATION: On Tuesday, February 28, 1995, there was
published in the Federal Register, 60 FR 10861, a proposed consent
agreement with analysis In the Matter of Felson Builders, Inc., et al.,
for the purpose of soliciting public comment. Interested parties were
given sixty (60) days in which to submit comments, suggestions
[[Page 35027]]
or objections regarding the proposed form of the order.
No comments having been received, the Commission has ordered the
issuance of the complaint in the form contemplated by the agreement,
made its jurisdictional findings and entered an order to cease and
desist, as set forth in the proposed consent agreement, in disposition
of this proceeding.
(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38
Stat. 719, as amended; 82 Stat. 146, 147; 15 U.S.C. 45, 1601, et
seq.; 12 CFR 226)
Donald S. Clark,
Secretary.
[FR Doc. 95-16449 Filed 7-3-95; 8:45 am]
BILLING CODE 6750-01-M
