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Consumer Protection Issues Annual Report Marking 40 Years Montgomery County’s Office of Consumer Protection (OCP) has issued its 2011 Annual Report in celebration of 40 years of service to consumers and businesses in Montgomery County. One of the first actions of the newly-formed 1971 County Council was to establish a consumer protection office to “eliminate consumer fraud and deceptive and unfair trade practices.” (press release) The office was created and signed into law by then-County Executive James P. Gleason. Today, the office has garnered a national reputation and works closely with other government agencies and non-profit organizations to “ensure integrity in our marketplace.” The 40-year milestone coincides with the creation of the Consumer Financial Protection Bureau (CFPB) by the President and Congress who recognized the importance of federal regulation in our financial marketplace. “With ...more |
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