Senate Passes Bill to Crack Down on Robocalls
“It’s a daily deluge of calls that Americans experience. It’s a consumer protection crisis," one of the legislation's sponsors says.
Will Financial Services Regulations Ease Up?
With Republicans in charge of the government, regulatory constraints on financial services firms may begin to relax.
‘One Size Fits All’ Regulation Simply Doesn’t Work
With a few notable exceptions, most US regulations apply to all banks and make no distinctions based on the riskiness of an institution’s activities.
Community Banks Still Struggling with Compliance Costs
While Bank of America might be able to absorb additional compliance costs, the additional rounds of paperwork and auditing could crush a community bank.
Regulator Seeks Tougher Rules on Debt Collectors
The Consumer Financial Protection Bureau says its proposal would "drastically overhaul the debt collection market."
Herbalife to Revamp Distributor Compensation
The company will restructure its compensation system to settle FTC charges that it made false promises to distributors about their potential income.
Warner Bros. Faulted Over Game Promotion
“Companies like Warner Brothers need to be straight with consumers in their online ad campaigns," the Federal Trade Commission says.
Oracle Settles FTC Charges Over Java Security
The regulator alleged Oracle misled consumers into believing its updates addressed security issues that hackers could exploit.
EU Steps Closer to Adopting Data Privacy Rules
Privacy advocates see the rules as a model for the rest of the world but tech firms fear harm to their businesses.