Latest in Regulation Issued Ftc
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Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.Business - CNBC - October 28 -
FTC announces rule to make it easier to cancel subscriptions
The Federal Trade Commission is taking steps to make it easier for consumers to cancel digital subscriptions. The department will soon implement a "final click to cancel rule," it announced ...Politics - The Hill - October 16 -
FTC sends $2.5 million to Credit Karma customers
The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.Top stories - CBS News - October 31 -
FTC moves to take the frustration out of canceling subscriptions for consumers
The Federal Trade Commission is announcing a finalized rule to make it easier for people to cancel subscriptions and memberships they just don’t want anymore.Top stories - NBC News - October 16 -
What to know about the new FTC "click to cancel" rule
Retailers, gyms and other businesses are now required to make it as easy to cancel subscriptions as to sign up.Top stories - CBS News - October 16 -
FTC’s ‘Click to Cancel’ Rule Goes After Predatory Subscriptions
The rule goes after practices that trick users into subscriptions they can’t easily cancel.Business - Inc. - October 16 -
New FTC rule will make it easier to cancel subscriptions and memberships
The Federal Trade Commission says it's going to make canceling costly subscriptions and memberships easier. The "click-to-cancel" rule will force companies to make canceling a subscription or ...Top stories - CBS News - October 17 -
The FTC must be held accountable for its widespread leaks of confidential data
The Federal Trade Commission must seal the cascade of leaks from the agency. Otherwise, it risks doing irreparable harm to its mission and the companies it is investigating.Politics - The Hill - October 19 -
FTC's rule banning fake online reviews goes into effect
A federal rule banning fake online reviews is now in effectTech - ABC News - October 21 -
FTC’s ‘click to cancel’ rule will make ending unwanted subscriptions easier
The FTC has finalized a "click-to-cancel" rule that requires sellers to make it as easy to cancel a subscription as it was to sign up, in an effort to protect consumers from unfair or deceptive ...Politics - The Hill - October 24 -
Ex-FTC Executive Singh Spared Prison for Role in Crypto Fraud
The former chief engineer at FTX cooperated extensively with prosecutors in their case against founder Sam Bankman-Fried.Business - Inc. - October 30 -
How FTC Chair Lina Khan Became an Election Hot Topic
The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.Business - The New York Times - 3 days ago -
Swiss regulator orders UBS to bolster emergency plans
Finma suspends annual approval of bank’s ‘living will’ in light of added risk from Credit Suisse takeoverBusiness - Financial Times - October 15 -
Bradley Tusk Gets Real About Tech Regulations
Tusk made his name helping Uber plow through regulatory roadblocks. We asked him to forecast the future of regulation for AI, social media, and crypto.Business - Inc. - October 15 -
‘We’ve got a real problem’: Starmer takes on the regulators
Solution may lie in new pandemic-inspired unitBusiness - Financial Times - October 16 -
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Water regulator signals further increase to bills in England
Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investmentBusiness - Financial Times - October 22 -
California leads the way on regulation of food additives
Food companies exploit a loophole in the FDA’s rules that let them self-determine an additive’s safety, yielding obvious conflicts of interest.Politics - The Hill - October 22 -
Carbon Removal Companies Seek More Regulation
As federal dollars flood the sector, these emissions fighters want official standards and regulations to boost transparency and confidence in their work.Business - Inc. - October 23 -
UK competition regulator to probe investment barriers
CMA also warns that price ‘mark-ups’ have risen over past 25 yearsBusiness - Financial Times - October 23 -
Trans charity Mermaids was mismanaged, regulator says
Two-year probe says Mermaids struggled after rapid period of growth but did not break rules when offering services to children.Top stories - BBC News - October 24 -
New football regulator to be given power to tackle controversial 'parachute payments'
"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.Top stories - BBC News - October 23 -
FTC cracks down on fake reviews with new rule set to ban phony feedback
With up to 40% of online reviews found to be fake, the Federal Trade Commission is introducing a new rule to ban deceptive feedback. Nick Thompson, CEO of "The Atlantic," explains how it will work.Top stories - CBS News - October 14 -
The FTC is making it easier to cancel subscriptions. You still need to remember one thing.
People who want to stop paying for a subscription or membership will soon be able to do so with just a call or a click instead of getting caught in a discouraging maze, according to federal rules ...Business - MarketWatch - October 17 -
Lyft told drivers they could make more than $30 an hour. The FTC says it deceived them.
Lyft made “deceptive” earnings claims about how much money drivers could expect to make per hour and how much they could earn in special incentives, the Federal Trade Commission said Friday in ...Business - MarketWatch - October 25 -
U.K. Regulator Starts Review Into Motor and Home Insurance Market
The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.Business - The Wall Street Journal - October 16 -
SpaceX sues California regulators over rejected launches, claiming political bias
SpaceX filed a lawsuit against a California commission Tuesday, accusing members of political bias after they rejected the aerospace company’s request to allow more rocket launches from an air base ...Politics - The Hill - October 16 -
Nebraska regulators settle with one of communications companies involved in 911 outages
Nebraska regulators settle with one of the two communications companies involved in separate outages.Sports - Yahoo Sports - October 16 -
Lawsuits aim to prevent ‘illegal’ hiding of toxic chemicals by US regulators
Companies often claim ‘confidential business information’ to not disclose key information about dangerous chemicals. Two lawsuits aim to stop US federal regulators and industry from “illegally” ...World - The Guardian - October 17 -
UK regulator sets out plans for earlier banker bonuses
Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 yearsBusiness - Financial Times - October 18 -
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License to compete: Regulators must step in to even the cloud playing field
Regulators need to press for a better and fuller solution to the cloud competition challenge right now. The longer the delay, the more entrenched the monopolistic behaviors become and the harder ...Politics - The Hill - October 20 -
VW fined by UK regulator for treatment of customers in financial trouble
Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowersBusiness - Financial Times - October 21 -
Watch Tether CEO Paolo Ardoino speak live on stablecoins, regulation
Paolo Ardoino, the CEO of Tether, is set to speak Tuesday at the DC Fintech Week conference at Fannie Mae's headquarters in Washington, D.C.Business - CNBC - October 22 -
Ofwat could be scrapped in sweeping review of failing UK water industry
Environment secretary says new commission will consider all options regarding water regulatorBusiness - Financial Times - October 22