It's all about the timing: Between February 12 and February 22, three of Carl Icahn's companies happened to place four sell orders amounting to $31,277,063.43, according to a Securities and Exchange Commission filing. The filing was first reported by the liberal news site ThinkProgress. Show More Summary
Bitcoin slumped back below $10,000 after the U.S. Securities and Exchange Commission reiterated that many online trading platforms for digital assets should register with the agency as exchanges. The largest cryptocurrency dropped as much as 13% to $9,416 after the SEC statement boosted concern...
Securities and Exchange Commission says some online trading platforms may seem to be SEC registered and regulated 'when they are not.'
The current state of mobile device security patches is lacking, according to a new report issued today by the Federal Trade Commission. The FTC studied how Apple, BlackBerry, Google, HTC, LG, Microsoft, Motorola, and Samsung support their devices over time. Show More Summary
The Federal Trade Commission announced a settlement on Tuesday with Paypal over allegations that Venmo, its subsidiary, misrepresented security, privacy, and money-transferring features on the app. Among the charges, which the FTC first...Show More Summary
Cronos Group is the first marijuana company to be listed on a U.S. stock exchange after receiving approval from the Securities and Exchange Commission (SEC) to officially trade on NASDAQ. The Canadian licensed weed producer will trade under the ticker symbol “CRON” starting today, February 27. Although weed is still federally illegal in the United States, Cronos was […]
A federal appeals court has ruled in favor of the Federal Trade Commission in a closely watched case that threatened to undercut the consumer watchdog's ability to pursue certain misbehaving companies throughout the U.S. economy. While the case nominally began as an FTC crackdown on AT&T's marketing of "unlimited data" plans for cellphones, the legal battle soon […]
Giles Dickson, the CEO of the European wind energy trade body, WindEurope, told representatives from the European Commission this week that continued research into developing ever-larger wind turbines is vital to future cost reductions which can lead to meeting European Climate and Energy objectives.
The Securities and Exchange Commission issued new guidelines on Wednesday for public companies regarding their duties concerning the disclosure of security breaches and vulnerabilities. The guidelines come amid scrutiny of a massiveShow More Summary
During a Senate confirmation hearing, nominees to serve on the Federal Trade Commission say they’d be open to considering antitrust action against big tech firms.
At a confirmation hearing for the Federal Trade Commission, several senators asked about the rise of Facebook and Google.
WASHINGTON (Reuters) - The Federal Trade Commission should be open to investigating big tech firms like Google or Facebook if they use their power inappropriately and should create a drug pricing task force to identify unusual price increases, Joe Simons said at a hearing to consider his nomination to head the agency.
This week, the Federal Trade Commission (FTC) announced that Marketing Architects, Inc. (MAI), an advertising agency based in Minneapolis, Minn., agreed to pay $2 million to settle a false advertising complaint filed with the FTC and the State of Maine Attorney General's Office. The decision is unique in that it represents the largest-ever penalty levied...
The heads of the US Securities Exchange Commission and the Commodity Futures Trading Commission sat before a congressional committee today to restate their intent to regulate - but not stifle - cryptocurrency and its related offerings. During questioning, however, it became clear that foundational issues are stalling progress in cracking down on fraudsters. More »
SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and crytocurrency trades. In fact, toward that end, they’re now looking...Show More Summary
Animal welfare standards in the European Union have a limited competitive impact for agricultural producers trading on the global market, according to a report released by the European Commission.
Stocks erased their gains for the year on Monday. The S&P 500 fell by over 4% at its worst levels of the trading session. The Securities and Exchange Commission's so-called circuit breakers trigger if the index falls by 7%, 13%, andShow More Summary
In a shift from recent practice, the Commodity Futures Trading Commission granted automatic waivers to the bad actor rule to banks penalized for market manipulation.
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The US Commodities and Futures Trading Commission (CFTC) issued subpoenas on December 6 to Bitfinex, one of the...Show More Summary
Commentary: The Federal Trade Commission warns of an email scam that suggests the secretary of state is participating in a big giveaway.