Legal & Regulation

Legal & Regulation
Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
June 06, 2021

New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
June 04, 2021

In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left up to a hodgepodge of acronyms, a jumble of letters, an alphabet soup. Get the Full Story Complete the form...

ANTITRUST
Facebook Targeted In Two European Data Investigations
June 04, 2021

Facebook is the subject of two new investigations in Europe by the European Commission and the U.K.’s Competition and Markets Authority, both regarding the social media giant’s use of data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Big Tech Compliance Tracker: European Nations Want More Control Over Big Tech Mergers; US Treasury...
June 01, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
Massachusetts Judge Lets State Case Against Robinhood Proceed
May 27, 2021

State securities regulators in Massachusetts will be able to proceed with a case against Robinhood after a judge ruled the action could move forward, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
SEC Mulling Enhanced Investor Safeguards For SPACs
May 27, 2021

In written testimony to the U.S. House Appropriations Committee, Gary Gensler, new chair of the Securities and Exchange Commission (SEC), said stronger investor protections are needed as the number of initial public offerings (IPOs) and special purpose acquisition companies (SPACs) escalates.  Get the Full Story...

ANTITRUST
Additional State AGs Join Amazon Antitrust Probe
May 27, 2021

The attorneys general from Pennsylvania and Massachusetts have joined a list of officials investigating Amazon for antitrust violations, Bloomberg reported Thursday (May 27), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
European Commission Plans To Hit Facebook With Official Antitrust Probe
May 26, 2021

The European Commission (EC) is launching an official investigation into allegations that Facebook engaged in anti-competitive behaviors, the Financial Times reported on Wednesday (May 26).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Facebook, Google Press UK To Bar Paul Dacre As Media Chief
May 25, 2021

Lobbyists from Facebook and Google are petitioning U.K. officials in an effort to block the possible appointment of Paul Dacre as chairman of the Office of Communications (Ofcom), Bloomberg reported on Tuesday (May 25), citing sources.  Get the Full Story Complete the form to unlock...