- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
“The STOCK Act has dramatically curtailed overall stock trading activity by U.S. senators,” says Public Citizen. Its new report cautions, however, that “many still trade in corporations they oversee in their official capacity.”
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The request by a group of prominent Democratic senators that the Federal Trade Commission launch rulemaking on data privacy signals Congress is not close to passing a federal law anytime soon, experts say.
The Federal Trade Commission will have its power to seek disgorgement of ill-gotten gains restored, if a bill that passed the House becomes law.
President Joe Biden has signed Congress’ repeal of the Office of the Comptroller of the Currency’s “true lender” rule issued last year in the waning months of the Trump administration.
