SEC approves database for stock trade audits, FTC considers Internet privacy fine, CFTC votes on definition of “swap”, and more.
- The Securities and Exchange Commission (SEC) approved a final rule that requires national securities exchanges and the Financial Industry Regulatory Authority to create a database to facilitate stock trade audits.
- The Federal Trade Commission (FTC) is reportedly considering levying a $22.5 million fine on Google for bypassing a privacy setting on Apple’s Safari web browser.
- By a 4-1 vote, the commissioners of the Commodity Futures Trading Commission (CFTC) voted in favor of a definition for the term “swap”.
- In a symbolic measure against the Supreme Court ruling that declared the law constitutional, the House voted again to repeal President Obama’s healthcare law.
- Testifying before the Senate Judiciary Committee, regulators from the FTC and Justice Department (DOJ) cautioned against the potential misuse of standards-essential patents to block new gadgets from entering the U.S.
- A report by the Food and Drug Administration (FDA) found that over 40 percent of egg farms inspected last year had safety violations, but less than 3 percent of farms required official FDA action.
