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Financial Planner

Category - Professional Conduct and Regulation

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Who enforces and administers consumer protection laws?

Internal Revenue Service
Federal Trade Commission
Fair Credit Commission
Equal Credit Commission

Explanation

Answer: B - The Federal Trade Commission enforces and administers consumer protection laws. The Commission enforces and administers statues under 46 different laws that relate to competition and consumer protection. The three main missions or Acts of the Federal Trade Commission is: Truth in Lending Act, Fair Credit Billing Act, and Equal credit Opportunity Act.

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Financial Planner

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Financial Planner

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