National Automobile Dealers Assoc. v. FTC

The Association petitioned for review of the Commission's interpretation of statutory language contained in a provision of the amended Fair Credit Reporting Act, 15 U.S.C. 1681m(h). The Commission announced this interpretation in a Federal Register notice accompanying its promulgation of an amended rule regulating "risk-based pricing" of consumer credit. Because a challenge to such an interpretation must begin in the district court, the court dismissed the Association's petition for lack of jurisdiction. View "National Automobile Dealers Assoc. v. FTC" on Justia Law