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Compliance Week
2 天
Cash App owner Block to pay $175M over fraud caused by lax consumer protection practices
Block, the owner of Cash App and Square, will pay $175 million to settle allegations that its lax consumer protection ...
Compliance Week
2 天
SEC fines cannabis hedge fund $150K for bogus AML policies, ties to Russian oligarch Abramovich
Cannabis hedge fund Navy Capital Green Management agreed to pay $150,000 to settle charges levied by the Securirties and ...
Compliance Week
2 天
FTC sues GM for selling location, behavioral data without drivers' consent
General Motors failed to disclose to customers that it tracked their precise locations and driving behavior and sold the data ...
Compliance Week
2 天
FTC orders Mobilewalla, Gravy Analytics to stop collecting geolocation data without permission
Two large data brokers, Mobilewalla and Gravy Analytics, collected billions of records containing sensitive geolocation and ...
Compliance Week
3 天
Musk sued by SEC for failing to disclose Twitter stock purchases quickly enough
Elon Musk, the world's wealthiest person and the apparent right-hand man of incoming U.S. president Donald Trump, has been ...
Compliance Week
5 天
New CFPB payment privacy rule on the way for gaming companies, cryptocurrencies, Big Tech
The Consumer Financial Protection Bureau has issued a proposed rule aimed at protecting the privacy of the public when using ...
Compliance Week
4 天
CFPB sues Capital One over 'cheating' customers on savings account interest rates
Capital One promised very high interest rates on millions of savings accounts but the bank didn't deliver, losing customers ...
Compliance Week
3 天
CJEU ruling adds to GDPR liability over unfair competition, AML/CFT
Legal cases and fines for noncompliance with EU's GDPR could rise sharply after a German court found that a breach was a ...
Compliance Week
4 天
FDA bans Red No. 3 dye after decades of concerns over possible health risks
The U.S. Food and Drug Administration announced Wednesday it has revoked authorization for color additive Red No. 3 from food ...
Compliance Week
6 天
Broker-dealer BMO Capital Markets to pay $41M to settle trade supervision lapses
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities ...
Compliance Week
8 天
Cannabis company dinged by SEC over ‘round-trip’ transfer to inflate year-end cash
A cannabis company agreed to pay $225,000 to settle allegations that funds were temporarily deposited into its year end ...
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