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Financial Services Law Insights and Observations

FTC appoints consumer protection and competition directors

Federal Issues FTC Consumer Protection Enforcement

Federal Issues

On September 28, FTC Chair Lina M. Khan appointed Samuel A.A. Levine as Director of the Bureau of Consumer Protection and Holly Vedova as Director of the Bureau of Competition. Levine—who served as an attorney advisor to Commissioner Rohit Chopra—previously worked for the Illinois attorney general where he prosecuted predatory for-profit colleges and engaged in rulemaking to expand income-driven repayment options for student borrowers. Vedova, who has a background in mergers and antitrust, most served recently as an attorney advisor to Chopra and previously served as counsel to the Director of the Bureau of Competition. “[A]s permanent directors of the FTC’s enforcement bureaus, their mission will be to guide this agency as we work to safeguard fair competition and check unfair or deceptive practices,” Khan stated.