Which of these laws are enforced by the Federal Trade Commission (FTC): Community Reinvestment Act, Dodd-Frank Act, Gramm-Leach-Bliley Act, Fair and Accurate Credit Transactions Act, or Equal Credit Opportunity Act?

What you are being asked

You have a list of five major financial laws, and you need to identify which ones fall under the Federal Trade Commission’s enforcement role (mostly for consumer protection and nonbank companies).

Mapping each law to its main enforcer

• Community Reinvestment Act (CRA): Enforced by bank regulators such as the OCC, Federal Reserve, and FDIC, not the FTC.
• Dodd-Frank Act: Created major consumer-finance powers for the Consumer Financial Protection Bureau (CFPB) and also involves prudential regulators; it is not mainly an FTC enforcement statute.
• Gramm-Leach-Bliley Act (GLBA): The FTC enforces GLBA requirements for many nonbank financial institutions, especially the Privacy Rule and the Safeguards Rule.
• Fair and Accurate Credit Transactions Act (FACTA): FACTA is an amendment to the Fair Credit Reporting Act (FCRA); the FTC enforces key FACTA/FCRA provisions for many covered entities (for example, certain identity theft and disposal-related rules).
• Equal Credit Opportunity Act (ECOA): ECOA (Regulation B) is primarily enforced by the CFPB and banking regulators; the FTC has had authority in some contexts involving nonbanks, but it is not the primary day-to-day regulator students usually associate with ECOA.

So which ones to select

If this is a multi-select question asking for FTC-enforced laws from the list, the best choices are:

• Gramm-Leach-Bliley Act (GLBA)
• Fair and Accurate Credit Transactions Act (FACTA)

ECOA is typically grouped with CFPB and banking regulators in most compliance lists, unless your course materials specifically note FTC enforcement for certain nonbanks.

Quick memory hook

Think of the FTC as focusing on consumer protection rules that apply broadly to many businesses, including nonbanks, like privacy safeguards (GLBA) and credit-reporting related requirements (FACTA/FCRA).