The SEC proposed amendments that would revise, remove or insert certain procedural provisions within the regulations promulgated under the Privacy Act of 1974, as amended.
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The FTC and DOJ ordered MoneyGram to refund $115 million to nearly 40,000 consumers for its continued failure to protect against fraudulent scammers using their payment system.
FRB Governor Christopher J. Waller stated that crypto assets are "speculative" and risky for investors and financial intermediaries, but said agencies need to approach regulating the "crypto ecosystem" in a manner that does not "unduly limit" development.
Christine S. Wilson resigned as an FTC Commissioner, announcing her departure via an Op-Ed published in the Wall Street Journal.
The DOL Employee Benefits Security Administration reopened the comment period for proposed amendments to a prohibited transaction exemption that would clarify the circumstances under which relief may be provided for misconduct that is self-corrected under the DOL's Voluntary Fiduciary Correction Program.