( 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 […]
Month: November 2024
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, […]
Insurance Fraud – Article
( Insurance Fraud – Article ) ( Articles ) ( Insurance Fraud ) Insurance Fraud (I-Fraud) Introduction I-Fraud is a serious crime that affects not only insurance companies but also consumers and society at large. It involves deliberate deception to secure an unfair or unlawful gain from an insurance policy. This article will explore the […]
Misleading Statements – Article
( Misleading Statements – Article ) ( Articles ) ( Misleading Statements ) Misleading Statements (MS) Introduction MS are assertions that distort or misrepresent facts, often with the intent to deceive or mislead others. These statements can occur in various contexts, including business, media, politics, and personal communication. Understanding what constitutes a misleading statement, its implications, […]
SEC Press Releases – Article
( SEC Press Releases – Article ) ( Articles ) ( SEC Press Releases ) SEC Press Releases (SEC-Info) Introduction The Securities and Exchange Commission (SEC) is a crucial regulatory body in the United States, overseeing the securities industry, enforcing federal securities laws, and protecting investors. One of the primary tools the SEC uses to communicate its activities […]
FTC Press Releases – Article
( FTC Press Releases – Article ) ( Articles ) ( FTC Press Releases ) FTC Press Releases (FTC-Info) Introduction The (FTC) is a pivotal agency in the United States, dedicated to protecting consumers and ensuring a competitive marketplace. One of the primary tools the FTC uses to communicate with the public is through Press Releases. These announcements […]
Registration Failures – Article
( Registration Failures – Article ) ( Articles ) ( Registration Failures ) Registration Failures in Financial Markets (RF) Introduction In the financial markets, proper registration of market participants is crucial for maintaining transparency, ensuring compliance with regulations, and protecting investors. RF refer to instances where firms or individuals do not adequately complete the registration process required […]
FOREX Fraud – Article
( FOREX Fraud – Article ) ( Articles ) ( FOREX Fraud ) FOREX Fraud (FX-Fraud) Introduction The Foreign Exchange (FOREX) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $7 trillion dollars. While this market offers significant opportunities for profit, it also attracts unscrupulous individuals […]