‘Money: It's Personal' — Role of the Federal Trade Commission

What is the FTC?

SAN ANTONIO – Scammers, beware!

The Federal Trade Commission is protecting consumers in the U.S. and promoting competition in the country by enforcing anti-trust laws that keep markets open and free.

The agency conducts investigations, sues companies and people who violate the law, develops rules to ensure a fair marketplace and educates consumers and businesses about their rights and responsibilities.

But the agency can't do all that alone. It relies on consumers to report on wrongdoing by companies and individuals.

The FTC accepts complaints about a number of topics, including identity theft, National Do Not Call Registry violations, online privacy, scams, debt collection and sweepstakes and lotteries.

While the FTC can't resolve individual consumer complaints, it does provide tips on ways you can get your money back.

If you decide to submit a complaint, visit FTC.gov/complaint. Once you're there, you'll be taken to the FTC Complaint Assistant page, which can help guide you on how to submit your complaint. The page also offers other resources to help keep you protected.

The FTC asks that consumers provide as much information as possible when filing online. Include things such as your contact information, the type of product or service involved, details about the company or seller and information about the transaction.

To learn more about the FTC’s Complaint Assistant, click here.

To learn more about the role of the FTC in the U.S., click here.

“Money: It’s Personal” is a series on KSAT’s News at 9 that breaks down personal finance topics. If you have a suggestion or question on the types of topics you'd like us to explain, click here.

For more stories from KSAT's News at 9, visit KSAT.com/newsat9.


About the Authors

Ivan Herrera has worked as a journalist in San Antonio since 2016. His work for KSAT 12 and KSAT.com includes covering breaking news of the day, as well as producing Q&As and content for the "South Texas Pride" and "KSAT Money" series.

Valerie Gomez is lead video editor and graphic artist for KSAT Explains. She began her career in 2014 and has been with KSAT since 2017. She helped create KSAT’s first digital-only newscast in 2018, and her work on KSAT Explains and various specials have earned her a Gracie Award from the Alliance for Women in Media and multiple Emmy nominations.

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