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CFTC Enforcement Highlights Potential Compliance Risks To Crypto Exchanges For Derivatives Trading - Commodities/Derivatives/Stock Exchanges

Binance is the latest major crypto industry player to be sued by a U.S. regulator. On March 27, 2023, the CFTC announced that it had filed a civil enforcement action against Binance Holdings Limited...
Gary Gensler Binance Holdings Commodity Exchange Binance Holdings Limited Samuel Lim Commodity Exchange Act
Source: mondaq.com

Negative Option Marketing Practices May Violate CFPA

CFPB issued Circular 2023-01 to affirm that companies offering negative option subscription services required to comply with federal consumer financial protection laws. Negative option refers to a term under which a seller may interpret a consumerโ€™s silence as acceptance.
United States Negative Option Marketing Ircular 2023 01 Subscription Services Consumer Financial Protection Laws Ftc Enforcement

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Dietary Supplement Industry Faces Coordinated FTC/FDA Attention

The dietary supplement industry has been the target of several recent high-profile joint announcements made by FDA and FTC over the labeling of foods and dietary supplements shipped in interstate commerce and the regulation of the falsity of all advertising of those products
Division Of Advertising Practices Department Of Justice Consumer Protection Branch Drug Administration Federal Trade Commission Advertising Practices Liaison Agreement

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