The various industry regulatory agencies, such as the NAD, CARU and NARB, have the authority to issue consent decrees as well as cease-and-desist orders, but cannot levy civil penalties.

Question

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The NAD, CARU and the NARB typically issue an equivalent to the FTC's consent decree. Neither body has legal authority and therefore cannot issue a cease-and-desist order.

The Various Industry Regulatory Agencies, Such as the NAD, CARU