ShadowBuys

Federal Register · Regulatory notice

Rule on Impersonation of Government and Businesses

The Federal Trade Commission ("FTC" or "Commission") proposes to commence a rulemaking proceeding to prevent certain unfair or deceptive acts or practices by search engine, social media, and other digital marketplace platforms that further government and business impersonation scams to defraud consumers. The Commission is soliciting written comment, data, and arguments concerning the need for such rulemaking.

Follow META
Became public
Oct 1, 2026
Event / period date
Not stated
Collected
Nov 8, 2026, 5:57 PM EST

Why this is connected

The source explicitly mentions Meta Platforms, Inc.. A mention alone does not establish a financial benefit.

Source evidence

Read the source excerpt or record
he aggregate to fraud that started on social media than to fraud that reached them by any other method of contact''); Better Bus. Bureau, supra note 25, at 26-29 (36.2% of BBB survey respondents said that the scam incident they reported to the BBB that year involved social media, with roughly half of those incidents beginning when consumers responded to an advertisement or post); Horwitz, Meta is earning a fortune on a deluge of fraudulent ads, documents show, supra note 17 (internal May 2025 presentation by Meta's safety staff further estimated that the company's platforms were implicated in approximately one-third of successful scams in the United States). \27\ Fed. Trade Comm'n, Reported losses to scams on social media eight times higher than in 2020, supra note 26. And independent analyses suggest the true monetary losses are far higher due to widespread underreporting. Id. (citing K.B. Anderson, To Whom Do Victims of Mass-Market Consumer Fraud Complain?, at 1 (2021) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3852323 (finding only 4.8% of people who experienced mass-market consumer fraud complained to a Better Business Bureau or a government entity). See also Consumer Fed'n of Am., supra note 19, at 6-8 (considering various surveys and research to measure underreporting). \28\ Pew Rsch. Ctr., Online Scams and Attacks in America Today, at 16 (2025), https://www.pewr

Congressional trading in META

These disclosures provide context. Their presence does not establish a link between a trader and the event.

Original documents control. Public records can be amended, and company connections may require interpretation. Nothing here is investment advice.