Equifax did not violate the terms of a prior FTC settlement agreement in order to avoid punishment for their prior bad behavior. It’s a lot easier to expedite

Equifax did not violate the terms of a prior FTC settlement agreement in order to avoid punishment for their prior bad behavior. It’s a lot easier to expedite penalties when there is a written settlement that is being violated than original bad acts. The Equifax matter is far from over, they are being investigated by: 48 state Attorneys General offices, the District of Columbia, the FTC, the CFPB, the SEC, the Department of Justice, other U.S. state regulators, certain Congressional committees of both the Senate and House of Representatives, the Office of the Privacy Commissioner of Canada, and the U.K.’s Financial Conduct Authority. Not to mention they made a recent SEC filing acknowledging they expect fines from FTC and CFPB.