Controversial tech giant Huawei has filed a complaint in a U.S. federal court that challenges the constitutionality of government restrictions on its products.
Joe Mont
Posted inData Privacy
Facebook: Can a data privacy dog really learn new tricks?
Mark Zuckerberg, founder and CEO of Facebook, wrote a long, detailed blog post on Wednesday to announce new data security and privacy initiatives. Has he seen the light, or is this yet another false promise from the social media giant?
Posted inData Privacy
FTC proposes consumer data rule changes for financial institutions
The Federal Trade Commission is seeking public comment on proposed amendments to rules under the Gramm-Leach-Bliley Act that protect the privacy and security of customer information held by financial institutions.
Posted inBoards & Shareholders
Festivus, Fortnite, and the SEC’s relationship with institutional investors
SEC Commissioner Hester Peirce’s speech before the Council of Institutional Investors spring conference used two pop culture touchpoints as a means to clarify her relationship with the audience the group represents.
Posted inUncategorized
Dems pitch new bill to impose stock transaction tax
Congressional Democrats have introduced legislation to create a new tax on stock transactions that they say “would generate billions in revenue” while addressing economic inequality and volatility in the market.
Posted inUncategorized
FDA singles out Walgreens in nicotine sales crackdown
The FDA is escalating a “forceful” crackdown on retailers and manufacturers that sell nicotine-based products to minors. Among the companies in its crosshairs: Walgreens.
Posted inUncategorized
CII: Lyft’s planned share structure harms investors
The Council of Institutional Investors is expressing “deep concern” about Lyft’s initial public offering filing, because it implemented a dual-class share structure lacking “sunset provisions to unwind it within a reasonable time period.”
Posted inRegulatory Enforcement
Top exchanges sue SEC over transaction fee plan
An initiative to determine whether longstanding stock exchange practices create conflicts of interest has those trading venues fighting against what they view as arbitrary pricing controls that could have negative effects on liquidity and competition.
Posted inUncategorized
SEC modifies timing for non-public fund reports
With an eye toward improving data management and cyber-security oversight, the SEC has approved changes to the submission deadlines for registered investment companies filing non-public monthly reports.
Posted inEthics & Culture
The reputation-shredding scourge of human trafficking
Recent headlines, sparked by a billionaire’s alleged bad choices, should serve as a reminder of the brand damage companies could face from their involvement in human trafficking and the use, intentional or otherwise, of slave and child labor.