( Whistleblower Awards – Article ) ( Articles ) ( Whistleblower Awards ) Whistleblower Awards (WBA) Introduction WBA are monetary rewards provided by federal regulatory authorities to individuals who expose wrongdoing, fraud, or other illegal activities within organizations. These awards serve as an incentive for whistleblowers to come forward with critical information that can help enforce […]
Day: November 12, 2024
CFTC-PR-9006-24
CFTC-PR-9006-24 (11-12-24) CFTC Awards $4M to Two Whistleblowers Excerpt: WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced it is awarding nearly $4 million to two whistleblowers who provided information leading to the successful enforcement of a covered action. Information from both whistleblowers formed the basis for the CFTC’s investigations underlying the covered action. One […]
Data Privacy Laws – Article
( Data Privacy Laws – Article ) ( Articles ) ( Data Privacy Laws ) Data Privacy Laws (DPL) Introduction DPL in the United States govern how personal information is collected, used, and protected by organizations. As digital interactions increase, these laws are crucial for safeguarding individuals’ privacy rights and ensuring responsible handling of personal […]
CFPB-PR-241112-1
( CFPB-PR-241112-1 ) (11-12-24) CFPB Report Details Carveouts for Financial Institutions in State Data Privacy Laws – Gaps in consumer protections pose risks as companies increasingly build business models to make money from personal financial data WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a report (PDF 23-pages) examining federal and state-level privacy protections […]
FTC-PR-241112-1
FTC-PR-241112-1 (11-12-24) FTC Action Stops H&R Block’s Unfair Downgrading Practices and Deceptive Promises of ‘Free’ Filing – Proposed settlement would require company to pay $7 million for consumer redress and make changes for consumers in tax filing seasons 2025 and 2026 A Federal Trade Commission lawsuit is leading to changes for consumers who use H&R […]
Money Laundering Operations – Article
( Money Laundering Operations – Article ) ( Articles ) ( Money Laundering Operations ) Money Laundering Operations (MLO) Introduction MLO refer to the systematic processes used by individuals or organizations to disguise the origins of illegally obtained money, making it appear legitimate. This article will explore the key stages involved in money laundering operations, […]