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US consumer protection agency announces plans to regulate sale of personal data

JURIST

The Consumer Financial Protection Bureau (CFPB), the main US agency tasked with consumer protection, announced on Tuesday that it would begin the process of regulating companies that collect and sell personal data. The first would define any company that sells personal data as a consumer reporting agency.

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South Korea police arrest dozens for corporate spying after probe

JURIST

South Korean law enforcement have apprehended 77 individuals as part of an investigation of a suspected network of industrial espionage, per exclusive reporting from the Yonhap news agency. The National Police Agency, as stated by Yonhap , affirmed the findings but was not available for immediate response.

Education 197
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High Court Uncertainty Stalls SEC Case Against Marcum CPA

Law 360

Securities and Exchange Commission has agreed to stay an in-house proceeding against a partner at accounting firm Marcum LLP accused of failing to properly oversee public company audits, saying that an impending U.S. Supreme Court ruling could call into doubt the agency's ability to fine the accountant.

Court 52
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Fannie, Freddie Investors Set For Retrial Over Profit Sweeps

Law 360

over claims the Federal Housing Finance Agency improperly amended stock purchase agreements to allow the Treasury to sweep up the companies' net worths. Treasury Department documents in their arsenal as they kick off a retrial Monday in Washington, D.C.,

Finance 98
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Fannie, Freddie Shareholders Target Accountability In Retrial

Law 360

billion in damages from the Federal Housing Finance Agency for allegedly improperly amending stock purchase agreements to allow the U.S. Treasury to sweep up the companies' potential profits. Fannie Mae and Freddie Mac shareholders on Wednesday emphasized the need for government accountability in their second bid to claim $1.6

Finance 90
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Fannie, Freddie Profit Sweep Jury Is Deeply Divided

Law 360

federal jury was still deadlocked Friday after roughly 18 hours of deliberation over Fannie Mae and Freddie Mac shareholders' claims that the Federal Housing Finance Agency improperly amended stock purchase agreements to allow the U.S. Department of the Treasury to sweep up the companies' net profits.

Finance 97
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India blocks YouTube access to Canadian investigative documentary on killing of Sikh activist

JURIST

” On both occasions in dealing with these social media companies, the Indian government referred to its I nformation Technology Act 2000, specifically s.69, India has labeled some Khalistan supporters terrorists , with cash rewards posted for their bounty by India’s National Investigation Agency (NIA).