Legal & Regulation

Legal & Regulation
FTC Takes Fresh Aim At Big Tech — And Its Previous Mergers
February 27, 2019

It’s a process that stands not only as a familiar feature of U.S. history, but a part of global economic development stretching back centuries: First comes innovation, then comes growth based on that innovation (not just economic, but cultural and other forms of growth), then...

Legal & Regulation
SEC Says Musk Violated Settlement With Recent Tesla Tweet
February 26, 2019

The U.S. Securities and Exchange Commission is going after Tesla Chief Executive Elon Musk, preparing to pursue a contempt order over what it says are violations of his fraud settlement with the government agency. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Calif Lawmakers Seek More Stringent Data Privacy Law
February 26, 2019

California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. 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, PYMNTS Today. By...

Legal & Regulation
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
February 25, 2019

California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and assistance from inside the organization, according to reports. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
FTC Settles With SoFi
February 25, 2019

The Federal Trade Commission announced it has resolved its investigation of online lender SoFi, following a public comment period. 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...

Legal & Regulation
FinTechs Press States To Streamline Regulations
February 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Former Malaysian PM’s PR Rep Charged In 1MDB Case
February 21, 2019

The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been charged in absentia in the 1Malaysia Development Berhad (1MDB) scandal, according to a report from Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
New Jersey Getting Closer To Legalizing Recreational Marijuana
February 20, 2019

New Jersey Governor Philip D. Murphy and state Democratic legislative leaders have forged an agreement that could result in the state legalizing recreational marijuana use by the end of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...