The CFPB asserted that restrictions imposed by dominant operating systems on point-of-sale payment methods may have an "outsized effect" and hurt the development of a "truly open ecosystem."
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The CFTC extended the comment deadline on a rule proposal that would codify no-action relief related to the treatment of separate accounts by futures commission merchants. The new comment deadline is June 30, 2023.
The CFTC set a comment deadline on proposed rule amendments which would codify no-action relief regarding the treatment of separate accounts by futures commission merchants ("FCMs"). The comment deadline was published in the Federal Register.
The CFTC voted to propose rule amendments to codify no-action relief regarding the treatment of separate accounts by futures commission merchants.
The CFPB reopened the comment period on a Request for Information issued to Amazon, Apple, Facebook, Google, PayPal and Square regarding how each firm uses personal payment data and manages data access.