Google and YouTube Will Pay Record $170 Million for Alleged Violations of Children’s Privacy Law

NOTE: The FTC hosted an IN-PERSON press conference at FTC Headquarters on September 4. The news conference was also webcast; view archival video here. Participants included FTC Chairman Joe Simons and Director of the FTC’s Bureau of Consumer Protection Andrew Smith. Google LLC and its subsidiary YouTube, LLC will pay a record $170 million to settle […]

FTC Sends Refunds to Victims of Debt Collection Scheme

The Federal Trade Commission is sending refund checks totaling more than $516,000 to 3,977 consumers as the result of a settlement with the operators of a debt collection scheme that allegedly tricked people into paying money for debts they did not owe. The average refund amount is $129. The FTC alleged that the operators of […]

New IRS Tax Withholding Estimator helps workers with self-employment income

Freelancers, others with side jobs in the gig economy may benefit from new online tool IR-2019-149, September 4, 2019 WASHINGTON — The Internal Revenue Service said today that the new Tax Withholding Estimator tool includes a feature designed to make it easier for employees who also receive self-employment income to accurately estimate the right amount […]

Jayat P. Kanetkar and Guaranteed Investigations, Inc.

Litigation Release No. 24584 / September 3, 2019 Securities and Exchange Commission v. Jayat P. Kanetkar and Guaranteed Investigations, Inc, No. 1:19-cv-03915 (N.D. Ga. Filed Aug. 30, 2019) On August 30, 2019, the Securities and Exchange Commission charged a North Brunswick, New Jersey attorney, who is also a former FBI agent, and his company with […]

Investor Bulletin: Seven Ways to Use Investor.gov

Investor.gov is the SEC’s website for Main Street investors, designed to help you better understand investing.  Use the informative tools and resources on Investor.gov to make a plan, learn important questions to ask, and get tips to avoid investment fraud.        DO A BACKGROUND CHECK ON YOUR INVESTMENT PROFESSIONAL Are you thinking about using an […]

HKEX to Launch Indian Rupee Currency Futures

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce it will launch Indian Rupee (INR) Currency Futures in the fourth quarter of this year.  These new contracts will further expand HKEX’s suite of derivatives products, providing additional risk management opportunities for customers worldwide. HKEX plans to introduce two new futures contracts: the INR […]

Five Companies Settle FTC Allegations that they Falsely Claimed Participation in the EU-U.S. Privacy Shield

Five companies have reached settlements with the Federal Trade Commission over allegations that they falsely claimed certification under the EU-U.S. Privacy Shield framework, which establishes a process to allow companies to transfer consumer data from European Union countries to the United States in compliance with EU law. In separate actions, the FTC alleges that management […]

FTC Names Additional Defendant in Student Loan Debt Relief Case

The Federal Trade Commission has amended its complaint in a student loan debt relief case, naming an additional defendant who allegedly took part in a scam that bilked more than $23 million from thousands of consumers with false claims that it would service and pay down their student loans. According to the FTC, Labiba Velazquez […]