Politico has reported that in remarks made at a fintech policy event last week, Andrew Smith, the FTC’s Director of Consumer Protection, indicated that fintech companies will be a focus of the FTC’s enforcement activities.
According to Politico, Mr. Smith said that FTC was particularly interested in online lending, with an emphasis on small-business lending. Mr. Smith is also reported to have identified lead generation in the context of online lending as a key area of interest for the FTC.