Consumer Protection Act regs to be issued next week

LEGISLATION WATCH- Expect executive regs for Consumer Protection Act next week: The executive regulations for the Consumer Protection Act will be issued next week, Consumer Protection Agency (CPA) head Rady Abdel Moaty said. The law gives the CPA authority to impose price controls, censor advertisements and regulate the e-commerce, automotive and real estate markets. Don’t expect businesses to welcome the new law, which was approved by the House in April, with open arms. You can learn more about the act here.