Regulation

Regulation
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
March 19, 2024

Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice through these channels.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
DOJ Targets ‘Fake It Till You Make It’ Tech Startups
March 19, 2024

A top federal prosecutor is reportedly targeting startups that defraud investors ahead of going public. 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,...

Regulation
EU Presses Big Tech Companies on AI Threats
March 14, 2024

European regulators want to question Big Tech firms about potential threats of generative artificial intelligence (AI). 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...

Regulation
EC Deepens Investigation of AliExpress Compliance With Digital Services Act
March 14, 2024

The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act. 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...

Regulation
Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
March 11, 2024

Klarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled that the company violated the European Union’s (EU) General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Report: Shein to be Subjected to DSA Rules
March 08, 2024

Fast-fashion giant Shein is reportedly facing scrutiny under the European Union’s Digital Services Act (DSA). 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,...

Regulation
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
March 06, 2024

Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
EU Competition Chief Margrethe Vestager Says DMA’s Priority is App Stores
March 05, 2024

The new Digital Markets Act (DMA) will reportedly focus first on app stores. 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, PYMNTS Today....

Regulation
Report: US Regulators Could Debut Banking Rules This Spring
March 05, 2024

The Federal Reserve and other American regulators could reportedly unveil new banking regulations this spring. 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, PYMNTS Today....