Tag: Blumenthal
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US Senators Urge FTC and SEC Probe Facebook and Instagram Scam Ads
Bid to curb scam ads targets Facebook and Instagram revenue Two prominent U.S. senators have urged federal regulators to scrutinize how revenue is generated from deceptive advertisements on Facebook and Instagram. Senator Josh Hawley and Senator Richard Blumenthal sent letters to the chairs of the Federal Trade Commission (FTC) and the Securities and Exchange Commission…
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US Senators Push FTC and SEC to Probe Scam Ads on Facebook and Instagram
Overview: Senators Demand Accountability for Ad Revenue Tied to Scams Two influential U.S. lawmakers are escalating pressure on federal regulators to scrutinize how revenue from advertisements on Facebook and Instagram may be funding scams and the promotion of banned goods. Senators Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) have formally urged the heads of the…