Ether ETF gets surprise approval from regulators in boost for crypto
The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and the New York Stock Exchange to list exchange-traded funds (ETFs) linked to the price of Ethereum, potentially paving the way for these products to begin trading later this year. ETF issuers also need to get approval before they can launch their […]
Citigroup fined $79M by UK regulators over ‘fat-finger’ failures
British regulators have fined Citigroup 61.6 million pounds ($78.5 million) for mismanagement in its trading operations, one of the biggest sanctions for a systems breach that helped the Wall Street firm cause a sharp drop in European stocks. The Prudential Regulation Authority (PRA) and market watchdog Financial Conduct Authority (FCA) have both investigated and fined […]
Wisconsin regulators investigating manure spill that caused mile-long fish kill
A fertilizer spill in southern Wisconsin has killed more than a mile of fish, state environmental regulators announced Tuesday. An angler reported dead fish in Moore Creek in Monroe County on Saturday, state Department of Natural Resources officials said. Factory farms and Wisconsin Department of Justice reach $215,000 settlement over fertilizer contamination The DNR traced […]
Lawmakers urge financial regulators to take action on banking discrimination
A group of Democrats in the House and Senate is calling on the heads of the Treasury Department, the Federal Reserve and other financial regulators to ensure fair banking access for Muslim Americans and immigrants. Sen. Elizabeth Warren (D-Mass.) and Rep. Ilhan Omar (D-Minn.) wrote Wednesday to Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome […]
US regulators are looking at potential ‘bait and switch’ schemes with airline-affiliated credit card reward points – CNN
Stephanie Keith/Bloomberg/Getty Images Airport lounges are just a few of the many perks promised to consumers who use airline rewards cards, including upgrades, frequent flyer miles, travel reservations, merchandise purchases, and even funds toward college savings plans. You will also receive points for providing. new york CNN — How much do I earn in dollars […]
Congress should stop aviation regulators from holding back DC’s closest airport
Ronald Reagan Washington National Airport, known by its airport code DCA, is the closest airport to downtown Washington, DC and Arlington, Virginia, just minutes by train or car. Convenient for business travelers, tourists, and anyone traveling to and from the metropolitan area. Needless to say, DCA is a vital part of the local economy, and […]
Klobuchar Asks Regulators to Investigate MultiPlan Over Health Care Pricing – The New York Times
Recent revelations about the role of data analytics companies in determining health care costs have heightened concerns about the potential for price fixing in health care and led to calls for a federal investigation. in letter Sen. Amy Klobuchar told federal regulators this week whether algorithms used by MultiPlan helped large health insurance companies collude […]
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Ten years ago, there was little public interest in antitrust law. For the past four years, the Department of Justice and the Federal Trade Commission have sued Google (Twice), Amazon and Facebook (meta) To dominate key digital markets, including our beloved markets Google search and Amazon’s online superstore. The latest target is Apple’s legendary iPhone. […]
Despite Elon Musk’s Hype, California Regulators Have Not Received Permit Application for Tesla Robotaxis
Elon Musk’s ambitious plan to launch Tesla’s robotaxi service has hit a snag in California after the state’s main regulator revealed the company has not yet submitted the necessary permit application. facing. CNBC report The California Department of Motor Vehicles (DMV) and the California Public Utilities Commission (CPUC) have confirmed that Tesla has not applied […]
FORMER GOV. JIM GILMORE: Will Regulators Kill Your Favorite Fantasy Sports Games?
Across my decades in public service, including as a governor and attorney general for the Commonwealth of Virginia, protecting the free market, price competition, and choice for consumers has always been one of my principal priorities. That is why I am so troubled to see large conglomerates trying to use government regulators to drive their […]