Legal & Regulation

Legal & Regulation
Sen. Kennedy’s SPAC Bill Calls For Disclosure Transparency
April 29, 2021

Sen. John Kennedy of Louisiana has introduced a new act to help promote transparency in special purpose acquisition companies (SPACs), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
North Dakota Trade Groups File Debit Card Fee Suit Against Federal Reserve
April 29, 2021

Two retail trade groups at the state level have sued the Federal Reserve to seek a decrease in debit card swipe fees, Bloomberg reported Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Report: SEC Eyes SPAC Rules For Projections, Liability
April 27, 2021

The Securities and Exchange Commission (SEC) has begun considering restrictions on the growth of special purpose acquisition companies (SPACs), the Financial Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

ANTITRUST
Apple To Face EU Antitrust Charge Later This Week
April 27, 2021

The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged anti-competitive behavior, the Financial Times reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to...

Legal & Regulation
Big Tech Compliance Tracker: Europe Proposes Artificial Intelligence Rules; Canada’s New Budget Includes Digital Services...
April 26, 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
DoorDash And Olo Settle Dispute, Agree To Multi-Year Deal
April 23, 2021

About three weeks after it was reported that delivery service DoorDash was suing its business partner, software provider Olo, for allegedly overcharging it, the two companies have resolved their dispute. In a joint news release, the two companies announced Thursday (April 22) that they have...

Legal & Regulation
i2c’s McCarthy: Regulations Can Tame Wild West of Financial Services Reliability
April 23, 2021

The slew of online outages over the past several months – from Robinhood to Chime to WhatsApp – show just how interconnected various aspects of financial services, such as investing and banking, have become. And increasingly found at the center of all these financial platforms...

Legal & Regulation
Supreme Court Ruling Lessens FTC Options For Consumer Monetary Relief
April 22, 2021

Under a new Supreme Court ruling, the Federal Trade Commission (FTC) will have much less authority to enable monetary relief for customers when companies are found to use deceptive practices, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...