[Federal Register Volume 60, Number 128 (Wednesday, July 5, 1995)]
[Notices]
[Pages 35026-35027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16449]



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FEDERAL TRADE COMMISSION
[Dkt. C-3578]


Felson Builders, Inc., et al.; Prohibited Trade Practices, and 
Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

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SUMMARY: In settlement of alleged violations of federal law prohibiting 
unfair acts and practices and unfair methods of competition, this 
consent order requires, among other things, three California firms and 
an officer to comply with the full disclosure requirements of the Truth 
in Lending Act and Regulation Z, its implementing regulation, in 
advertising credit terms, and requires the respondents to make full 
written disclosure of the true costs and terms of the financing prior 
to consummation of credit agreements.

DATES: Complaint and Order issued May 15, 1995.\1\

    \1\Copies of the Complaint and the Decision and Order are 
available from the Commission's Public Reference Branch, H-130, 6th 
Street & Pennsylvania Avenue, N.W., Washington, D.C. 20580.

FOR FURTHER INFORMATION CONTACT:
Jeffrey Klurfeld, San Francisco Regional Office, Federal Trade 
Commission, 901 Market St., Suite 570, San Francisco, CA. 94103. (415) 
744-7920.

SUPPLEMENTARY INFORMATION: On Tuesday, February 28, 1995, there was 
published in the Federal Register, 60 FR 10861, a proposed consent 
agreement with analysis In the Matter of Felson Builders, Inc., et al., 
for the purpose of soliciting public comment. Interested parties were 
given sixty (60) days in which to submit comments, suggestions 

[[Page 35027]]
or objections regarding the proposed form of the order.
    No comments having been received, the Commission has ordered the 
issuance of the complaint in the form contemplated by the agreement, 
made its jurisdictional findings and entered an order to cease and 
desist, as set forth in the proposed consent agreement, in disposition 
of this proceeding.

(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38 
Stat. 719, as amended; 82 Stat. 146, 147; 15 U.S.C. 45, 1601, et 
seq.; 12 CFR 226)
Donald S. Clark,
Secretary.
[FR Doc. 95-16449 Filed 7-3-95; 8:45 am]
BILLING CODE 6750-01-M