CFA Supports FTC Extension of Impersonation Rule
The FTC plans to extend its rule prohibiting the impersonation of government actors to also prohibit impersonation of individuals, which is a rapidly growing form of consumer fraud resulting in enormous consumer losses. CFA joined the National Consumers League and other advocacy groups in comments to the FTC supporting this proposal and asking that it also cover the developers and deployers of artificial intelligence technology to facilitate fraudulent imposter scams.
