FTC to Host FinTech Forum on Crowdfunding and Peer-to-Peer Payment Systems

FTC Fintech Marketplace Lending

On October 26, the FTC will host the second in a series of FinTech forums in Washington, D.C. Industry participants, consumer groups, researchers, and government representatives will gather to discuss the potential effects of crowdfunding and peer-to-peer payment systems on the consumer finance industry. Forum participants will “look at how the FTC Act and other existing consumer protection laws might apply to companies participating in these areas.” The FTC expects to release a complete schedule and other forum details in the near future.