814. Administrative
enforcement [15 USC 1692l]
(a) Compliance with this title shall be enforced
by the Commission, except to the extend that enforcement of
the requirements imposed under this title is specifically committed
to another agency under subsection (b). For purpose of the exercise
by the Commission of its functions and powers under the Federal
Trade Commission Act, a violation of this title shall be deemed
an unfair or deceptive act or practice in violation of that
Act. All of the functions and powers of the Commission under
the Federal Trade Commission Act are available to the Commission
to enforce compliance by any person with this title, irrespective
of whether that person is engaged in commerce or meets any other
jurisdictional tests in the Federal Trade Commission Act, including
the power to enforce the provisions of this title in the same
manner as if the violation had been a violation of a Federal
Trade Commission trade regulation rule.
(b) Compliance with any requirements imposed
under this title shall be enforced under --
(1) section 8 of the Federal Deposit Insurance
Act, in the case of --
(A) national banks, by the Comptroller of
the Currency;
(B) member banks of the Federal Reserve System
(other than national banks), by the Federal Reserve Board; and
(C) banks the deposits or accounts of which
are insured by the Federal Deposit Insurance Corporation (other
than members of the Federal Reserve System), by the Board of
Directors of the Federal Deposit Insurance Corporation;
(2) section 5(d) of the Home Owners Loan Act
of 1933, section 407 of the National Housing Act, and sections
6(i) and 17 of the Federal Home Loan Bank Act, by the Federal
Home Loan Bank Board (acting directing or through the Federal
Savings and Loan Insurance Corporation), in the case of any
institution subject to any of those provisions;
(3) the Federal Credit Union Act, by the Administrator
of the National Credit Union Administration with respect to
any Federal credit union;
(4) subtitle IV of Title 49, by the Interstate
Commerce Commission with respect to any common carrier subject
to such subtitle;
(5) the Federal Aviation Act of 1958, by the
Secretary of Transportation with respect to any air carrier
or any foreign air carrier subject to that Act; and
(6) the Packers and Stockyards Act, 1921 (except
as provided in section 406 of that Act), by the Secretary of
Agriculture with respect to any activities subject to that Act.
(c) For the purpose of the exercise by any
agency referred to in subsection (b) of its powers under any
Act referred to in that subsection, a violation of any requirement
imposed under this title shall be deemed to be a violation of
a requirement imposed under that Act. In addition to its powers
under any provision of law specifically referred to in subsection
(b), each of the agencies referred to in that subsection may
exercise, for the purpose of enforcing compliance with any requirement
imposed under this title any other authority conferred on it
by law, except as provided in subsection (d).
(d) Neither the Commission nor any other agency
referred to in subsection (b) may promulgate trade regulation
rules or other regulations with respect to the collection of
debts by debt collectors as defined in this title.
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