The Federal Trade Commission (FTC) issued a final rule Tuesday banning noncompete agreements nationwide, affecting millions of Americans. Regulators argue that banning noncompetes will promote competition by giving workers greater…
The Equal Employment Opportunity Commission (EEOC) issued its final rule on Monday to enforce the Pregnant Workers Fairness Act (PWFA), giving new protections for women seeking abortions. The EEOC rule…
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for…
Biden Regulator Considering Limiting United Airlines Growth Amid Safety Concerns: REPORT Will Kessler on March 23, 2024 The Federal Aviation Administration (FAA) is considering measures to halt expansion at United…
By Jody Godoy (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) said business and banking groups, including the Chamber of Commerce, engaged in “forum shopping” when they sued in…
By Timothy Gardner WASHINGTON (Reuters) – President Joe Biden has promoted Willie Phillips to head the Federal Energy Regulatory Commission, the White House said on Friday, as the panel gears…
(Reuters) – The Competition and Consumer Commission of Singapore (CCCS) on Wednesday said it has commenced an in-depth review of the proposed acquisition of Trans-cab, Singapore’s third-largest taxi operator, by…
By Lewis Jackson SYDNEY (Reuters) – Australia’s prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund sector value unlisted assets and…
By Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of the Dubai Financial Services Authority…
HONG KONG/BEIJING (Reuters) – China will boost efforts to attract foreign firms and will not change its stance to protect the legal rights of foreign companies, the nation’s top financial…
By Josh Ye HONG KONG (Reuters) -China’s gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games,…
SEOUL (Reuters) – South Korea will take steps to make its financial markets more investor friendly and attractive to foreigners, the financial regulator said on Monday. The comments by vice…
(Reuters) – South Korea’s financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities…
By Curtis Williams HOUSTON (Reuters) -Venture Global LNG has told a U.S. regulator that it cannot meet contracts to provide liquefied natural gas (LNG) cargoes to several major customers because…
By Marie Mannes STOCKHOLM (Reuters) – Tesla faces an inquiry by Norway’s traffic safety regulator into suspension failures in the company’s electric cars that could result in a recall, the…
By Jody Godoy (Reuters) – The U.S. Securities and Exchange Commission asked a federal appeals court on Friday to reconsider a ruling that it said prevents the agency from clawing…
BEIJING (Reuters) – China has named veteran banker Zhu Hexin as the head of its forex regulator and deputy governor of its central bank, the country’s human resources ministry said…
(Reuters) – A top U.S. banking regulator on Wednesday warned banks to manage the risks to consumers posed by increasingly popular “buy now, pay later” financing for retail spending, saying…
BEIJING (Reuters) – A key Chinese financial regulator said on Sunday it would accelerate reform of small and midsize financial institutions as it steps up its oversight of the sector.…
By Jonathan Stempel NEW YORK (Reuters) -Bank of America has been fined $24 million after two former traders placed phony “spoof” trades to try to influence the market for U.S.…
By James Davey LONDON (Reuters) -Britain’s antitrust regulator is launching a review of loyalty scheme pricing by supermarkets, such as Tesco’s Clubcard and Sainsbury’s Nectar, to consider whether it is…
ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked…
(Reuters) – The U.S. Securities and Exchange Commission on Monday adopted a financial crisis-inspired rule barring traders in asset-backed securities from betting against the same assets they sell to investors.…
SHANGHAI (Reuters) -China’s securities regulator has approved three applications for the country’s first publicly traded consumption-related REITs, although market participants say persistent concerns about the property sector will weigh on…
SHANGHAI (Reuters) – Chinese private funds including Hangzhou Yuyao and Shenzhen Huisheng are being investigated over suspected false information disclosure, the China Securities Regulatory Commission (CSRC) said on Friday. The…