Crypto companies have been arguing for years that they need more guidance from the Securities and Exchange Commission to understand whether their products are securities and need to be regulated as such. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge the sanctions placed on Russia, a press release said. Get the Full Story Complete the form to unlock this article...
The Federal Trade Commission (FTC) and Department of Justice (DOJ) are working together to transform their merger guidelines, with the new rules likely to most significantly affect digital mergers, mergers with potential or nascent competitors, and vertical mergers between suppliers and their customers. Get the...
Digital payment company Block, run by CEO Jack Dorsey, is now being investigated by the Consumer Financial Protection Bureau and several state attorneys general regarding its Cash App service, Bloomberg wrote Friday (March 4). Get the Full Story Complete the form to unlock this article...
The Financial Action Task Force, an intergovernmental agency that fights against money laundering, will soon put the United Arab Emirates on its so-called “gray list” over concerns the country’s leaders aren’t doing enough to squelch illegal financial activities, Bloomberg reported Thursday (March 3). Get the...
The Securities and Exchange Commission has charged venture capital fund adviser Alumni Ventures Group, LLC (AVG) and its CEO with making misleading statements about its management fees and making transactions that violated its operating agreements. Get the Full Story Complete the form to unlock this...
Utah is on track to enact a comprehensive state privacy law, the International Association of Privacy Professionals (IAPP) reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Amazon has given the Federal Trade Commission a new, urgent deadline to decide something about its proposal to buy MGM, The Wall Street Journal wrote Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A divided U.S. Senate Commerce Committee has voted to send the nominees for the Federal Communications Commission and Federal Trade Commission to the floor for confirmation votes, Reuters reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy...
