fines

SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports
SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports
December 20, 2024  |  Bank Regulation

Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious...

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Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
December 20, 2024  |  Legal

OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s...

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Dutch Authority Fines Netflix $4.95 Million for Alleged GDPR Violations
Dutch Authority Fines Netflix $4.95 Million for Alleged GDPR Violations
December 18, 2024  |  Regulation

The Dutch Data Protection Authority (Dutch DPA) fined Netflix 4.75 million euros (about $4.95 million), saying that between 2018 and 2020, the company did not...

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Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
December 02, 2024  |  Bank Regulation

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million Singapore dollars (about $1.8 million) on JPMorgan Chase Bank, N.A., alleging misconduct by...

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Geico and Travelers Fined $11.3 Million for NY Data Breaches 
Geico and Travelers Fined $11.3 Million for NY Data Breaches 
November 25, 2024  |  News

New York state has penalized two auto insurance giants for failing to secure customer data. Geico and Travelers will pay a combined $11.3 million in...

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Report: TD Bank Close to Adding Compliance Monitors
Report: TD Bank Close to Adding Compliance Monitors
November 25, 2024  |  Bank Regulation

TD Bank reportedly is working to select compliance monitors to track its progress on risk and controls and report to regulators, as ordered by the U.S....

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FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024  |  News

The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade...

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Meta to Appeal EC Decision in Facebook Marketplace Antitrust Case
Meta to Appeal EC Decision in Facebook Marketplace Antitrust Case
November 14, 2024  |  Meta

Meta said Thursday (Nov. 14) that it will appeal the European Commission’s (EC) decision in a case alleging practices involving Facebook and Facebook Marketplace that cause competitive harm....

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H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024  |  Regulation

H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that...

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