Tag

Law And Regulation

All articles tagged with #law and regulation

law-and-regulation1 month ago•5 min saved

Ex-White House Teleprompter Operator Sanctioned for Speech-Based Insider Trading

Former White House teleprompter operator Gabriel Perez settled with the CFTC for $172,000 after misappropriating confidential advance access to presidential speeches to trade on 'presidential mention' contracts in prediction markets, earning more than $107,500 between December 2025 and February 2026. The settlement requires disgorgement of $107,539.02, a $65,000 civil penalty, and a three-year trading ban; Kalshi aided the investigation. The case underscores insider-trading risks as prediction markets grow and affirms CFTC oversight over these contracts.

via Decrypt|

#cftc #insider-trading #kalshi

law-and-regulation1 year ago•4 min saved

Texas THC Vape Ban Takes Effect Amid Legislative Stalemate

Texas has implemented a law banning the sale of THC-laced vapes and disposable vaporizers, including those made in adversarial countries like China, while allowing the possession of low-dose hemp-derived THC products. The law targets retailers, with penalties for non-compliance, but possession remains legal if within limits. Ongoing legislative debates aim to further regulate or ban all intoxicating hemp products, with disagreements between state leaders potentially delaying broader restrictions.

via Dallas News|

#disposable-vaporizers #hemp-industry #law-and-regulation

law-and-regulation1 year ago•2 min saved

FTC Cracks Down on Ticket Resellers Using Illegal Bypass Tactics

The FTC has sued Maryland-based ticket broker Key Investment Group and affiliates for using illegal tactics, such as fake accounts and IP spoofing, to bypass ticket purchase limits and resell tickets at high prices, violating the Better Online Ticket Sales Act and FTC regulations, with the case filed in Maryland district court.

via Federal Trade Commission (.gov)|

#better-online-ticket-sales-act #ftc #illegal-tactics

law-and-regulation1 year ago•1 min saved

New Regulations on Subscription Cancellations Face Legal and Bureaucratic Hurdles

A proposed FTC rule aimed at making it easier for consumers to cancel subscriptions and memberships has been blocked by a federal appeals court due to procedural errors, just before its scheduled implementation. The rule would have required clear disclosures and easy cancellation processes for auto-renewals and free trials, but the court found the FTC failed to conduct a necessary preliminary economic impact analysis. The FTC is also preparing for a trial against Amazon over alleged unenforceable Prime enrollments.

via NBC News|

#cancel-subscriptions #consumer-protection #court-decision

law-and-regulation3 years ago•3 min saved

"New York's Struggle with Legalizing Cannabis: Crackdown on Illegal Stores and Financial Challenges"

New York officials are intensifying efforts to crack down on unlicensed smoke shops selling marijuana, as the state's legal cannabis market struggles to establish itself. The proliferation of thousands of unlicensed vendors has undermined the legal industry, particularly in New York City. The state has increased inspections and enforcement actions against these shops, which can face fines, closure, and seizure of products. The crackdown aims to address both legal and economic concerns, as illicit sales do not generate revenue for the state. Additionally, illegal shops may pose health risks, as a study found that 40% of products from illicit stores contained harmful contaminants. The state is also expanding the availability of licenses to add more legal shops.

via CNBC|

#black-market #crackdown #illegal-weed-stores