CFTC Division of Enforcement Issues Annual Report for FY 2019

CFTC

Actions filed exceeded CFTC average over the prior five fiscal years, awarded more than $1.3 billion in monetary relief

“The breadth and significance of the enforcement activity in FY 2019 is reflected in the fact that the filed cases involved some of the most significant commodities fraud, manipulation, and spoofing cases in the history of the agency,” said CFTC Director of Enforcement James McDonald. read more »

FAA chief to face congressional scrutiny over Boeing 737 Max next week

CHICAGO TRIBUNE

The head of the Federal Aviation Administration will face questions next week from a congressional panel about the agency’s review of the Boeing 737 Max, which has been grounded since two crashes that killed 346 people.

The House Transportation Committee said Monday that FAA Administrator Stephen Dickson will testify at a hearing Dec. 11. read more »

Google and Facebook run into more trouble over data in Europe

CNN

Europe's top antitrust regulator is probing how Google and Facebook use data, putting the companies' huge advertising businesses in the spotlight once again.

The European Commission said Monday that it has launched preliminary investigations into how Google and Facebook gather, process, use and monetize data for advertising. read more »

Congress is split over your right to sue Facebook

THE VERGE

Should private citizens be able to sue companies like Facebook or Twitter for misusing their data? That’s the question Republicans and Democrats have been ensnared in for months, as they work to craft a new data privacy law. But talks have stalled in recent weeks, and rather than putting out a bipartisan bill, both parties have now opted to introduce their own measures to stake out their positions. read more »