A coalition of 40 Attorneys General obtained $391.5 million in a settlement with Google, LLC for misleading users about its policies for capturing and storing user location data.
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The Bank Policy Institute, ABA, Institute of International Bankers and SIFMA urged the Cybersecurity Infrastructure Security Agency to develop incident reporting requirements that are "simple, tied to an actionable purpose and broadly useful."
CFTC Commissioner Caroline D. Pham encouraged firms to establish a compliance program to "identify, escalate and self-report material or potentially material non-compliance issues to the relevant authorities."
A broker-dealer settled FINRA charges for failing to (i) collect investment profile information for customers participating in private placement offerings and (ii) file certain required corporate offering filings.
In its annual enforcement report, the SEC touted an increase in enforcement actions compared to the previous year and highlighted a record-breaking amount of monetary penalties and whistleblower awards.