CUNA, Bank Trades Back Patent Bill
CUNA, the American Bankers Association and the Independence Community Bankers of America have teamed up to support the proposed Transparency in Assertion of Patents Act (S. 2049).
“S. 2049 would clarify the Federal Trade Commission (FTC)’s authority to help fight back against deceptive practices by requiring basic information be included in letters sent by patent trolls,” said their letter to Senate Commerce, Science and Transportation Committee Chairman Jay Rockefeller (D-W.Va.) and Ranking Member John Thune (R-S.D.) on Thursday.