Robinhood said a regulatory probe of its cryptocurrency unit ended without incident. The Securities and Exchange Commission (SEC) last year issued a Wells notice against the financial services platform, typically seen as a warning of pending enforcement action. However, Robinhood said in a Monday (Feb....
The head of the House Judiciary Committee is demanding more clarity on Europe’s tech regulations. As Reuters reported Sunday (Feb. 23), Rep. Jim Jordan (R-OH) wants European Union (EU) antitrust chief Teresa Ribera to clarify how she enforces the European Union’s rules governing Big Tech...
The European Commission is reportedly set to charge Google with violating European Union rules. The antitrust regulator determined that changes the company made to its search results did not address the concerns of the commission and Google’s rivals, Reuters reported Friday (Feb. 21), citing unnamed...
Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and provides the backing for lending and other financial services activities. Through the past few years, private credit has proven to...
The Federal Trade Commission said Thursday (Feb. 20) that technology platforms may be breaking the law when they deny or degrade users’ access to services based on the content of their speech or affiliations. “Such actions taken by tech platforms may harm consumers, affect competition,...
When it comes to managing for uncertainty, chief financial officers are expected to nimbly handle both a sea of change and changing seas. Those skills are being put to the test as the President Donald Trump administration makes trade actions an immediate priority for the...
Big business had hoped the Trump administration would approach regulation somewhat differently than its predecessor. But a pair of announcements Tuesday (Feb. 18) from the Federal Trade Commission (FTC) suggest that some things are set to remain the same on that front. In the first,...
It was an earth-shaking week for regulatory agencies, and a groundbreaking week for stablecoins. For those seeking to keep up with the dizzying pace of job cuts, court rulings, orders to “stop all work” and even attempts to consolidate departments, the long weekend may offer...
The European Commission (EC) will stop pursuing three draft rules that would have regulated technology patents, artificial intelligence (AI) liability and consumer privacy on messaging apps. The three draft rules faced opposition from the industries they would have affected, and the EC said it did...
