Florida is on its way to legalizing marijuana if a new petition by lawyer Michael Minardi gets its way. Though previous attempts to legalize the drug, including through an election, have been unsuccessful, Minardi’s petition […]
Tag: Regulation
Taxi Drivers In Brussels Threaten Citywide Strike Unless Government Regulates Uber Drivers
Brussels’ taxi unions voted on Thursday to give the government until September 1st to begin jailing Uber drivers, or face gridlock from protesting taxi drivers. The Brussels Minister of Mobility, Pascal Smet, has proposed plans […]
Uber To Pay Licensing Fees, Revenue Tax To Operate In Mexico City
Taxi hailing app Uber will see its drivers needing permits to work in Mexico City according to draft reports of legislation leaked to local media. The proposal would also force the company itself to pay […]
France Issues Ban On Taxi App Uber After Violent Paris Protests
Scofflaw taxi service Uber can no longer legally operate in France after the country’s interior minister banned the company following violent protests against it by taxi drivers yesterday. Minister Bernard Cazeneuve called the service “illegal” […]
Federal Trade Commission Steps Up Regulation Of Social Media Advertising
The Federal Trade Commission (FTC) is stepping up its regulation of social media being used to promote and advertise goods and services. This morning it announced a significant update to its policies regarding the endorsement […]
Wall Street Already Busy Rewriting History For 2016 Election
Understandably top executives from the biggest U.S. banks are concerned about anti-Wall Street rhetoric on the 2016 campaign trail. The banks have, after all, been running sophisticated criminal enterprises that have victimized hardworking Americans in […]
Insurance Companies Fight For Right To Be Risky, Bailed Out By Taxpayers
Insurance companies are already among Washington’s biggest donors but that’s not stopping them from ramping up efforts to fight the Federal Reserve over new rules that would force the companies to be less risky. After […]
FTC Lawsuit Leads To AT&T Reverse On Throttling ‘Unlimited’ Plans
In what is surely a coincidence and has nothing to do with a lawsuit by the FTC, AT&T has re-jigged its policy of limiting data transfer speeds for heavy users who buy to its ‘unlimited’ […]
Oil By Rail Faces Tough New Regulations, Eventually
U.S. and Canadian regulators unveiled tough new regulations on Friday that will require railways to transition to tougher tank cars and use new braking systems for trains carrying flammable liquids. The long-awaited steps are aimed […]
First Approved Bitcoin Bank Launches in New York Next Month
Bitcoin will officially be part of the mainstream financial world next month when New York State’s Department of Financial Services (NYDFS) publishes a regulatory framework governing the virtual currency. The move will allow virtual currency […]
Nav Sarao: What You Need Know And Why He’s Important
Nav Singh Sarao is the Briton blamed for causing the May 2010 Wall Street ‘flash crash’ where about $1 trillion was briefly wiped out from U.S. stock markets in a matter of minutes. Mr Sarao […]
HSBC To Flee London Because Of More Regulatory Oversight
After freshly paying a record fine for market manipulation schemes, HSBC Holdings, Europe’s biggest bank, said it will review whether to move its headquarters out of Britain following regulatory and structural changes in the industry. […]