The Federal Trade Commission will host a news conference in Washington, D.C., at 12:30 p.m. Wednesday to announce what the agency is calling a "major law enforcement initiative" involving the debt collection industry.

FTC Chairwoman Edith Ramirez, Illinois Attorney General Lisa Madigan and Minnesota Commerce Department Commissioner Mike Rothman will deliver remarks during the news conference.

Collections & Credit Risk will report on the details of the initiative as soon as they're available.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.