Cruise Recalls Driverless Vehicles Over Software Issue

[ad_1] Cruise, the self-driving vehicle unit of General Motors, has issued a voluntary software recall after Californian regulators suspended the company’s license to operate in the state following an accident…

Trading Startup Sues Regulator in Effort to Launch Election-Betting Market

[ad_1] WASHINGTON—An online-trading startup is suing the federal government after regulators blocked its plan to let people bet on U.S. elections. The company, Kalshi, said in a complaint filed Wednesday…

GE Healthcare Discloses Potential Foreign Bribery Violations in China

[ad_1] General Electric spinoff GE HealthCare Technologies said it reported potential foreign bribery violations in some of its operations in China to U.S. regulators.  GE HealthCare found “tender irregularities and…

China Shut the Door on Two Online Brokers. Then Their Stock Prices Boomed.

[ad_1] When a Chinese regulator blocked investors from opening accounts with online brokers Futu and Up Fintech, it dealt a blow to the pair, which had for years seen mainland China…

Amazon, Microsoft Cloud Services Face UK Competition Probe

[ad_1] The U.K.’s communications regulator has referred the cloud market to the country’s competition watchdog for an investigation, alleging that certain features by market leaders Amazon and Microsoft could limit…

SEC Brings in $218 Million in a Day but Still Faces Shutdown

[ad_1] The agency pushes out enforcement actions to end its fiscal year but can’t keep fine money for its own budget. [ad_2] Source link

SEC’s WhatsApp Fines Spread Further Across Wall Street

[ad_1] Ten more financial firms agree to $99 million in penalties to resolve investigations over employees’ use of banned messaging apps. [ad_2] Source link

China Proposes Easing of Cross-Border Data Controls

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CFTC Rejects Bid to Launch Political Election-Betting Market

[ad_1] The regulator said the proposal would have turned the agency into an “election cop,” given its duty to police fraud in manipulation in markets subject to its oversight.  [ad_2]…

WSJ News Exclusive | An Insurance Regulator Asked for a Favor. It Cost a Senior Executive His Job.

[ad_1] Prudential’s CFO resigned after he tried to help line up a job for a regulator’s relative. [ad_2] Source link