By
Kyle Brasseur2022-12-06T19:54:00
Alpha Exploration, operator of the social media app Clubhouse, received a penalty from the Italian data protection authority (DPA) for the unlawful processing of European Union citizens’ data in violation of the General Data Protection Regulation (GDPR).
The company was ordered to pay a fine of 2 million euros (then-U.S. $2 million) on Oct. 6. The Italian DPA, Garante, announced its findings in a press release Monday.
On Clubhouse, users communicate in audio chat rooms. The U.S.-based app launched to the public in 2020 and quickly grew to reach 16 million active users per month.
2022-12-14T16:50:00Z By Kyle Brasseur
The government office for national statistics in Portugal was assessed a fine of €4.3 million (U.S. $4.6 million) by the country’s data protection authority for multiple violations of the General Data Protection Regulation that occurred during its 2021 census work.
2021-03-19T17:19:00Z By Jaclyn Jaeger
France’s data privacy watchdog adds to a growing list of regulators that have launched investigations into Alpha Exploration, the publisher of the Clubhouse application, regarding measures it has taken (or not taken) to comply with the GDPR.
2025-11-10T21:16:00Z By Adrianne Appel
The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
2025-11-07T22:18:00Z By Adrianne Appel
First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.
2025-11-06T19:01:00Z By Adrianne Appel
Four U.S. citizens were arrested in California Wednesday in connection with a massive, $346 million international credit card fraud scheme based in Germany, in which compliance officers were allegedly complicit, according to the DOJ.
2025-11-05T18:35:00Z By Oscar Gonzalez
Approximately $9 billion of potential shadow-banking flows tied to Iranian networks in 2024, according to a new analysis from FinCEN. The report highlights how illicit funds are making their way through financial institutions as they meet the requirements of the Bank Secrecy Act (BSA).
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