enforcement

CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
October 31, 2024  |  Regulation

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. As the Consumer Financial Protection Bureau (CFPB) said in its...

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FTC Highlights Enforcement Actions Related to Financial Abuses
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023  |  Regulation

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency highlighted...

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With Growing Support in Congress, SEC Commissioner Criticizes Expansion of Crypto Enforcement
With Growing Support in Congress, SEC Commissioner Criticizes Expansion of Crypto Enforcement
May 04, 2022  |  Cryptocurrency

It’s not particularly common for a commissioner of a federal agency to say it needs less staff, but when Securities and Exchange Commissioner Hester Peirce...

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US Moves To Curb Pirated eCommerce Goods
US Moves To Curb Pirated eCommerce Goods
January 24, 2020  |  eCommerce

The U.S. is moving to get tough on the sale of counterfeit merchandise online, notifying eCommerce marketplaces and warehouses that they will get hit with...

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Regulators, Lawmakers Press Facebook For Answers On Libra
Regulators, Lawmakers Press Facebook For Answers On Libra
June 20, 2019  |  Cryptocurrency

News of the launch of Facebook cryptocurrency Libra has highlighted how the U.S. government will respond to the introduction of new digital currencies. The Wall...

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DOJ Tells Big Tech That Old Antitrust Rules Do Apply
DOJ Tells Big Tech That Old Antitrust Rules Do Apply
June 12, 2019  |  ANTITRUST

Makan Delrahim, the assistant attorney at the U.S. Department of Justice, said Tuesday (June 11) that enforcement actions in the past against Standard Oil and...

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SEC Only Collects Half Of Fraud-Related Fines
SEC Only Collects Half Of Fraud-Related Fines
May 21, 2019  |  Regulation

New data shows that the U.S. Securities and Exchange Commission (SEC) has only collected 55 percent of the $20 billion in fraud-related fines it imposed...

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Money Laundering Causes Rising Canadian Home Prices
Money Laundering Causes Rising Canadian Home Prices
May 10, 2019  |  Real Estate

Home prices increased about 5 percent in Canadian province British Columbia last year thanks to money laundering. According to a report in The Wall Street Journal citing...

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The New CFPB: A Kinder, Gentler Watchdog
The New CFPB: A Kinder, Gentler Watchdog
February 13, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB), under the charge of acting director Mick Mulvaney, will rein in its activities and aim to promote what it...

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