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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-05-31T18:41:00
The Department of Labor (DOL) sued three Alabama businesses, including a Hyundai Motor manufacturing plant, for employing a 13-year-old worker on an auto parts assembly line.
The lawsuit, filed Thursday in U.S. District Court for the Middle District of Alabama, asked the court to prevent Hyundai Motor Manufacturing Alabama, as well parts supplier SMART Alabama and staffing agency Best Practice Service, from benefitting from the use of child labor.
The DOL alleged a 13-year-old girl recruited by Best Practice Service worked up to 50-60 hours a week on an assembly line at SMART Alabama, which manufactured parts for Hyundai. The complaint alleged the girl worked for six to seven months on a section of the SMART Alabama assembly line that formed sheets of metal into body parts for cars.
2024-03-28T12:22:00Z By Jeff Dale
The Department of Labor ordered Tennessee-based Tuff Torq Corp. to pay nearly $1.8 million over alleged child labor violations.
2024-03-18T13:20:00Z By Aaron Nicodemus and Adrianne Appel
Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
2024-03-11T16:31:00Z By Aaron Nicodemus
The compliance community has not been spending time addressing a problem mistakenly thought to be a rarity: The proliferation of child labor violations occurring in the United States.
2025-06-07T01:41:00Z By Oscar Gonzalez
The Securities and Exchange Commission Chair Paul Atkins explained his agency’s shift on cryptocurrency regulation to a Senate committee as legislators bargain over President Donald Trump’s “One Big Beautiful Bill” and the GENIUS Act, which would have the federal government invest heavily in cryptocurrency.
2025-06-04T15:24:00Z By Ruth Prickett
Up to 25,000 people a year in the U.K. are illegally promoting financial products or offering financial advice on social media, but none have yet appeared in court, according to the first Treasury Select Committee meeting on the subject of so-called “finfluencers.” Regulated financial services firms must comply with strict ...
2025-05-30T17:14:00Z By Adrianne Appel
The Securities and Exchange Commission dropped its case against cryptocurrency exchange Binance, just the latest in a string of dismissals that highlight the SEC’s change of course under the crypto-friendly Trump administration.
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