The House Energy and Commerce Committee staff's background memorandum for the mark-up summaries the U.S. SAFE WEB Act as follows.
U.S. SAFE WEB amends the FTC Act to authorize the Commission to:
(1) Share information involving cross border fraud with foreign consumer protection agencies;
(2) Secure confidential information from those foreign consumer protection agencies by protecting confidential information from public disclosure (that otherwise would not be shared by many foreign law enforcers);
(3) Take fraud-based legal action by amending the “unfair or deceptive acts or practices” to include acts involving foreign commerce or material misconduct within the U.S.;
(4) Seek redress on behalf of foreign consumers victimized by U.S.-based wrong-doers; and,
(5) Make criminal referrals for cross-border criminal activity when violations of FTC law also violate U.S. criminal law (some foreign agencies address consumer fraud as a criminal, rather than civil, law enforcement issue).