Recall Notices – Article ( Articles ) Recall Notices (R-Notices) Your Guide to Safeguarding Yourself and Your Family In today’s world of mass production, it’s inevitable that some products will make it to market with flaws or hidden dangers. This is where recall notices come in, acting as a vital safety net for consumers. These notices are […]
Month: December 2024
CFPB-PR-241204-1 (12-04-24) Agencies Issue Statement on Elder Financial Exploitation Excerpt: WASHINGTON, D.C. – Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement (PDF 11-pages) today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation. Older adults […]
SEC-PR-2024-189 (12-03-24) SEC Charges Kiromic BioPharma and Two Former C-Suite Executives with Misleading Investors about Status of FDA Reviews – SEC declines to impose civil penalties against company due to its self-reporting, remediation, and cooperation. Excerpt: Washington D.C., Dec. 3, 2024 — The Securities and Exchange Commission today filed settled charges against Houston-based biotherapeutics company […]
CFPB-PR-241203-1 (12-03-24) CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data to Scammers, Stalkers, and Spies – Rule seeks to protect Americans from crime and illegal foreign surveillance Excerpt: WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in data brokers that sell Americans’ sensitive personal and […]
FTC-PR-241202-1 (12-02-24) FTC Issues Annual Report on Ethanol Market Concentration 2024 Excerpt: The Federal Trade Commission has issued its 2024 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry […]
Unregistered Securities – Article ( Articles ) Unregistered Securities (URS) A Risky Investment Landscape The world of finance is governed by a complex web of regulations, designed to protect investors and ensure fair market practices. One crucial aspect of this regulatory framework involves the registration of securities. URS, also known as “securities offered in violation of […]
Fiduciary Duty – Article ( Articles ) Fiduciary Duty (F-Duty) A Foundation of Trust in Investments, But Not Always A F-Duty is a legal obligation that arises when one party, the fiduciary, acts on behalf of another party, the principal, and is bound to act in the principal’s best interests. This duty is a cornerstone of trust in […]