FTC-PR-240209-1 (Feb. 9, 2024) As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up Efforts to Protect the Public – Investment scams lead in reported losses at more than $4.6 billion Newly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that […]
Category: Federal News Sources
Federal News Sources
We aggregate news from federal regulatory authorities rather than politically-biased media outlets to ensure the information is accurate, impartial, and based on official data. Federal agencies provide direct updates on regulations, policies, and enforcement actions derived from their statutory responsibilities, offering a reliable and objective perspective. Politically-biased media outlets, by contrast, may present news through a lens shaped by political or ideological biases, potentially distorting facts or emphasizing certain viewpoints to align with their agendas. Focusing on regulatory authorities helps maintain the integrity of the information, supporting informed decision-making with verifiable and neutral sources.
SEC-PR-2024-18 (FEB. 9, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-18 Download: SEC-PR-2024-18 ⊗ (PDF) PRESS RELEASE | 2024-18 Sixteen Firms to Pay More Than $81 Million Combined to Settle Charges for Widespread Recordkeeping Failures. The Huntington Investment Company self-reported and was ordered to pay lower civil penalties than other firms Washington D.C., Feb. 9, 2024 — The Securities and […]
FTC-PR-240208-1 (Feb. 8, 2024) FTC Sends Refunds to Consumers Harmed by a Tech Support Scam Facilitated by Payment Processor Nexway The Federal Trade Commission is sending more than $610,000 in refunds to consumers who lost money to a tech support scam facilitated by the payment processing company Nexway. Date: Feb. 8, 2024 Accessed: Sep.9, 2024 […]
SEC-PR-2024-17 (FEB. 8, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-17 Download: SEC-PR-2024-17 ⊗ (PDF) PRESS RELEASE | 2024-17 The Securities and Exchange Commission Adopts Amendments to Enhance Private Fund Reporting Washington D.C., Feb. 8, 2024 — The Securities and Exchange Commission today adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, […]
CFTC-PR-8860-24 CFTC Global Markets Advisory Committee Advances Key Recommendations. Commissioner Pham Applauds Stakeholder Collaboration Washington, D.C. — The Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), sponsored by Commissioner Caroline D. Pham, formally advanced eight recommendations to the Commission that will enhance the resiliency and efficiency of global markets, including U.S. Treasury markets, repo and […]
SEC-PR-2024-16 (FEB. 7, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-16 Download: SEC-PR-2024-16 ⊗ (PDF) PRESS RELEASE | 2024-16 SEC Charges TradeStation Crypto for Unregistered Offer and Sale of Crypto Asset Lending Product. Florida-based company agrees to settle charge concerning interest feature on crypto asset accounts Washington D.C., Feb. 7, 2024 — The Securities and Exchange Commission today announced charges […]
FTC-PR-240206-2 (Feb. 6, 2024) FTC Action Leads to Permanent Ban for Scammers Who Charged Students Seeking Debt Relief with Junk Fees – Order requires defendants to turn over personal and business assets A group of student loan debt relief scammers will be permanently banned from the debt relief industry and is required to turn over their […]
SEC-PR-2024-15 (Feb. 6, 2024) SEC Charges China-Based Tech Company Cloopen Group with Accounting Fraud – Commission declines to impose civil penalties because of company’s self-reporting, cooperation and remediation The Securities and Exchange Commission today announced settled accounting fraud charges against Cloopen Group Holding Limited, a China-based provider of cloud communications products and services whose American […]
SEC-PR-2024-14 (FEB. 6, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-14 Download: SEC-PR-2024-14 ⊗ (PDF) PRESS RELEASE | 2024-14 SEC Adopts Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers” Washington D.C., Feb. 6, 2024 — The Securities and Exchange Commission today adopted two rules that require market participants who engage in certain dealer roles, in […]
FTC-PR-240206-1 (Feb. 6, 2024) FTC Submits Comment on March-In Rights to Promote Efforts to Lower Drug Prices – Comment submitted to NIST supports the use of march-in rights as a check on inflated pharmaceutical prices Today the Federal Trade Commission issued a comment (PDF) in response to the National Institute of Standards and Technology’s (NIST) request […]