A federal judge in Dallas has blocked the Federal Trade Commission’s (FTC) sweeping ban on non-compete agreements. The decision, delivered by U.S. District Judge Ada Brown, represents a significant setback for the FTC and its efforts to make labor markets more competitive by curtailing non-competes, which have become increasingly prevalent across the United States.
Norway's competition watchdog has levied a massive 4.9 billion Norwegian crowns ($466 million) in fines against the country's top three grocery store chains for breaking antitrust rules in a way that may have led to higher consumer prices.
Cantor Fitzgerald & Co., a prominent Wall Street firm, has agreed to pay a $100,000 fine and over $51,000 in restitution to settle allegations of best execution violations in over-the-counter (OTC) securities trades, according to a recent Financial Industry Regulatory Authority (FINRA) action.
Intrepid U.S.A. Inc., a Dallas-based home healthcare and hospice provider, has agreed to pay $3.85 million to settle allegations of violating the False Claims Act. The U.S. Department of Justice announced the settlement on Tuesday, August 20, 2024.
The UK's Information Commissioner's Office (ICO), the independent regulator for data protection and information rights, has launched a new online tool to simplify privacy notice creation for small businesses.
Organizations today are increasingly turning to their internal audit teams to bridge the widening gap between risk demands and risk management capacity. A recent survey conducted by AuditBoard sheds light on this shift, revealing that the role of internal audit is expanding significantly as companies seek to bolster their resilience against emerging threats.
The Securities and Exchange Commission (SEC) has slapped Equiniti Trust Company LLC with an $850,000 civil penalty after the company’s inadequate cybersecurity defenses led to over $6.6 million in client funds being siphoned off in a series of cyberattacks. The debacle, which unfolded over two separate incidents in 2022 and 2023, underscores the critical need for transfer agents and financial firms to fortify their cyber defenses against increasingly sophisticated threat actors.