shall have the authority to rescind a person’s registration that was issued under this section if the Commission determines that the person has failed to comply with the obligations and standards set forth in this Act. (2) Opportunity to cure defects The Federal Trade Commission shall provide an authorized credit services provider a reasonable opportunity to cure any defects before moving to revoke a person’s registration as an authorized credit services provider. (3) Retroactive Revocation If the Federal Trade Commission determines that a person who has registered as an authorized credit services provider, or any of the person’s affiliates, has— (A) engaged in any activity described under subparagraphs (A) through (C) of subsection (b)(2)