Search Results for: Federal Trade Commission

Recent concerns about leaks of US Supreme Court decisions and Justice Clarence Thomas’s refusal to recuse himself in a case that might involve connections to his wife, Virginia Thomas, have spurred calls for a code of ethics for US Supreme Court justices. Although the Judicial Conference of the United States promulgated a Code of Conduct [...]

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Why was the cryptocurrency exchange FTX valued at $32 billion before it filed for bankruptcy? Many of the world’s most sophisticated investors believed it was worth that much and invested billions based on that valuation. They failed to detect the company’s massive misconduct and their investments were completely wiped out over the course of a [...]

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The US Supreme Court Monday heard oral arguments in Securities and Exchange Commission v. Cochran. The court will decide whether the federal district courts have the ability to hear challenges against US Securities and Exchange Commission (SEC) proceedings, or whether those challenges must remain within the SEC’s administrative courts. Michelle Cochran was a public accountant [...]

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Australian veteran Damien de Pyle Monday alleged that an Australian Federal Defense (ADF) conduct after capture training module left him and other soldiers with PTSD. Conduct after capture, previously known as resistance to interrogation, training is described by ADF to prepare personnel “to understand the rigors of captivity and exploitation while surviving the capture situation with dignity.” [...]

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The Biden administration Friday published the “First-Ever Comprehensive Framework for Responsible Development of Digital Assets” in line with a March executive order obligating government agencies and sectoral regulators to conduct research on the effects of cryptocurrencies on consumer protection and the risks and benefits of deploying a Central Bank Digital Currency (CBDC). The framework encourages [...]

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A New York federal judge Thursday denied summary judgement in a case filed by the US Securities and Exchange Commission (SEC) against AT&T, Inc. (AT&T) and company executives Christopher C. Womack, Kent D. Evans and Michael J. Black. Judge Paul A. Engelmeyer denied both parties’ motions for summary judgment and specifically found “overwhelming evidence, documentary [...]

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The US Court of Appeals for the Ninth Circuit Tuesday unanimously upheld Washington’s state ban on conversion therapy for children under 18. The three-judge panel rejected therapist Brian Tingley’s claim that the law undermined his free speech and free exercise rights under the First Amendment. Judge Ronald M. Gould wrote the opinion of the court that [...]

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The Federal Trade Commission (FTC) and six states Tuesday filed a complaint against the rental listing platform Roomster. The suit alleges that Roomster has taken advantage of consumers looking for affordable housing by paying for fake reviews and then charging for access to fraudulent listings. Based in New York, Roomster operates by advertising rental properties, sublets, [...]

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The US Federal Trade Commission (FTC) has initiated proceedings towards making new rules regulating consumer data privacy, the board announced Thursday. The commission, led by Chair Lina Khan, released an Advance Notice of Proposed Rulemaking (ANPR), outlining a plan to create nationwide data privacy regulations and investigate “unfair and deceptive” data practices to which many [...]

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