Banking Industry Lobbies to Get FCC Rule on Robotexts Back on Track

Also, financial trade groups jump into heated data fight; FTC and DOJ issue scaled back merger disclosure rule; FDIC to meet next week

Financial companies (not unlike many Americans) have long called for the government to crack down on scam phone calls and texts. The unsolicited communications are an easy way to facilitate fraud, especially when they are crafted by criminals to appear like they came from a bank or broker. So the industry cheered last month when the FCC announced it was…