Bipartisan senators push bill to ban sports prediction markets Suswati Basu A group of U.S. senators from both parties is targeting sports-related prediction markets, introducing a bipartisan bill that would outlaw the contracts altogether. The move ramps up an ongoing clash over whether these platforms function as legitimate financial tools or simply unregulated … Continue reading Bipartisan senators push bill to ban sports prediction markets
Tag Archives: Senators
Democratic senators question CFTC staffing cuts in Chicago enforcement office
Democratic senators question CFTC staffing cuts in Chicago enforcement office Suswati Basu Five Democratic senators are demanding clarity from the nation’s top derivatives regulator after learning that its Chicago enforcement team may have been dramatically reduced. In a letter issued Thursday (February 26) to Commodity Futures Trading Commission Chairman Michael Selig, Sens. Richard … Continue reading Democratic senators question CFTC staffing cuts in Chicago enforcement office
Senators reintroduce bill to protect personal data online
Senate Democrats introduce bill to protect your online data Kris Holt @krisholt A group of 15 Democratic senators have unveiled a bill that aims to protect your online data. They noted that banks, doctors and lawyers are all required to protect your personal information, and argue websites, apps and other online services should also have … Continue reading Senators reintroduce bill to protect personal data online
Facebook tells senators it still uses location for ads despite user location services opt-out
The company was open that it would continue to identify location by other means in a September blog post. Greg Sterling on December 20, 2019 We might soon see another FTC investigation of Facebook for “consumer deception.” The company acknowledged in a letter to two U.S. senators that it continues to capture and use location … Continue reading Facebook tells senators it still uses location for ads despite user location services opt-out
Senators Urge FTC Not To Weaken Children’s Privacy Rules
Senators Urge FTC Not To Weaken Children’s Privacy Rules by Wendy Davis @wendyndavis, October 4, 2019 Four U.S. senators are urging the Federal Trade Commission to avoid weakening children’s privacy rules in ways that would make it easier for tech companies to serve targeted ads. “Now is not the time to pull back,” Sens. Ed … Continue reading Senators Urge FTC Not To Weaken Children’s Privacy Rules