A law passed in 1968 is apparently driving a new surge in privacy violation settlements. That’s according to new research published Monday (Oct. 5) by privacy platform Privado AI, showing that American companies are on track this year to pay upwards of $1.4 billion to settle claims that...
The 3rd Circuit Court of Appeals handed down a ruling Tuesday (Sept. 29) that Ross Intelligence’s use of copyrighted material to train its legal artificial intelligence search engine was not fair use and affirmed a lower court’s grant of summary judgment to Thomson Reuters. The...
Merrill Lynch has reportedly agreed to settle a lawsuit accusing it of underpaying brokerage customers. The Bank of America-owned brokerage will pay $39 million in the settlement, Reuters reported Wednesday (Sept. 30), citing court documents. The class action suit accused Merrill of paying brokerage customers near-zero interest rates rather...
A U.S. appeals court upheld a ruling for Thomson Reuters in its copyright lawsuit against Ross Intelligence that centers on artificial intelligence training, Reuters reported Tuesday (Sept. 29). Thomson Reuters is the parent company of Reuters. Thomson Reuters filed the suit in 2020, alleging that...
August 25, 2025
The lines between the gamification of money and the monetization of gaming are increasingly blurring. At the heart of this blurring lies a fundamental tension: Are sports prediction markets better viewed as financial investments, e.g. derivatives regulated by the Commodity Futures Trading Commission’s (CFTC), or as gambling needing state-level regulation? Last week, Robinhood, the retail […]
August 05, 2025
Watch more: Agentic AI Poses New Antitrust Risks, Legal Experts Warn As agentic artificial intelligence gains traction in enterprise applications, a paper in the June CPI TechREG Chronicle warns that...
June 02, 2025
It’s Monday, June 2 and at this writing the ultimate fate of Rule 1033 — the so-called “open banking” rule set in motion last year by the Consumer Financial Protection...
January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement...
October 05, 2026
A law passed in 1968 is apparently driving a new surge in privacy violation settlements. That’s according to new research published Monday (Oct. 5) by privacy platform Privado AI, showing that American companies are on track this year to pay upwards of $1.4 billion to settle claims that their websites and mobile apps shared personal data without permission. […]
October 01, 2026
Merrill Lynch has reportedly agreed to settle a lawsuit accusing it of underpaying brokerage customers. The Bank of America-owned brokerage will pay $39 million in the settlement, Reuters reported Wednesday (Sept. 30), citing court...
September 29, 2026
A U.S. appeals court upheld a ruling for Thomson Reuters in its copyright lawsuit against Ross Intelligence that centers on artificial intelligence training, Reuters reported Tuesday (Sept. 29). Thomson Reuters...
September 29, 2026
A court rejected Trump administration attempts to withhold funding from the Consumer Financial Protection Bureau, Bloomberg Law reported Monday (Sept. 28). The ruling came in a case filed in December...
