Maydeen Merino is a regulatory reporter, covering the DOJ, FTC, SEC and EPA. She can be reached at [email protected].
January 29, 2024 | National Law Journal
Senator's Hold on FTC Nominee Robs Agency of Political Diversity, Regulatory Attorneys Say"Having a full bipartisan commission adds to the legitimacy of the agency's actions and increases confidence that it's operating in a balanced manner," said former FTC Chair William Kovacic.
By Maydeen Merino
4 minute read
January 25, 2024 | National Law Journal
SEC's Proposed Climate Disclosure Rule Draws Concern From Left-Leaning SenatorsThe SEC's regulation should "not burden small businesses in a public company's supply chain," Sens. Jon Tester and Krysten Sinema told the agency.
By Maydeen Merino
4 minute read
January 24, 2024 | National Law Journal
SEC Adopts Stringent Disclosure Rules on Special Purpose Acquisition Companies"Just because a company uses an alternative method to go public does not mean that its investors are any less deserving of time-tested investor protections," SEC Chair Gary Gensler said.
By Maydeen Merino
3 minute read
January 23, 2024 | National Law Journal
FTC Bans TurboTax's Unqualified Advertisement of 'Free' Tax Services and ProductsIntuit Inc., the maker of TurboTax, denied wrongdoing, saying it "has always been clear, fair, and transparent with its customers and is committed to free tax preparation."
By Maydeen Merino
3 minute read
January 19, 2024 | National Law Journal
FTC Pauses Car-Buying Protection Rule's Effective Date Amid Legal ChallengeNational Automobile Dealers Association says agency acted arbitrarily and capriciously.
By Maydeen Merino
3 minute read
January 18, 2024 | National Law Journal
SEC's Proposed Climate Disclosure Rule Exceeds Agency's Authority, House Republicans SayDemocrats counter that federal law permits the agency to require environmental disclosures.
By Maydeen Merino
4 minute read
January 17, 2024 | National Law Journal
SEC Chief Gensler Warns of 'AI Washing' and Potential Conflicts of Interest"If you're putting the robo adviser's interest ahead of the broker dealer's interest ahead of the investor, therein lies a conflict" Gary Gensler said.
By Maydeen Merino
3 minute read
January 16, 2024 | National Law Journal
FTC's Regulatory Process Regarding Negative Option Rule Faces Industry CriticismAgency has failed to show that amendments to the consumer protection rule are needed, groups say.
By Maydeen Merino
4 minute read
January 11, 2024 | National Law Journal
SEC Approves Bitcoin Listing, Trading After Appeals Court DefeatAmid approval, SEC Chair Gary Gensler warns that "investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
By Maydeen Merino
4 minute read
January 10, 2024 | National Law Journal
Outlogic Agrees Not to Sell Location Data in Settlement of FTC Claims of Inadequate SafeguardsThe data broker denied the allegations, saying it imposes "strict contractual terms" on all customers.
By Maydeen Merino
3 minute read
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