Regulation

Regulation
Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
May 09, 2021

U.S. Treasury Secretary Janet L. Yellen plans to name Michael J. Hsu the first deputy comptroller of the Office of the Comptroller of the Currency, her office announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
SEC To Examine Retail Brokerage Apps, Payment For Order Flows
May 07, 2021

The federal Securities and Exchange Commission (SEC) is investigating how retail broker apps encourage stock trading and earn money when those trades are executed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Big Tech Compliance Tracker: G7 Nations Ink Tech Reg Agreement; Apple Hit With $12 Million...
May 03, 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,...

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...

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...

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...

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,...

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...

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...