Category: Regulation and Deregulation of Industry

Investors Who Put $2 Billion Into FTX Face Scrutiny, Too

The New York Times – Business:
Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.
Fishing Regulator Rejects Lifting Ban on Female Crab Harvest

The New York Times – Business:
A commission acknowledged concerns about the threatened shorebirds that rely on crab eggs as a critical food source around the Delaware Bay.
California Regulators Propose Cutting Compensation for Rooftop Solar

The New York Times – Business:
It’s the second attempt by the state Public Utilities Commission to change how people are paid for the excess energy their solar panels send to the grid.
What Happened to FTX? Here’s What to Know.

The New York Times – Business:
Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
Weed is Legal in Thailand. How Long Will the High Times Last?

The New York Times – Business:
Cannabis shops have multiplied since the drug was decriminalized, with caveats, in June. But some lawmakers are pushing for tighter regulation.
Is This Crypto’s Lehman Moment?

The New York Times – Business:
Here’s how to make sense of the industry-shaking Binance-FTX deal.
Supreme Court Seems Poised to Streamline Challenges to Agency Power

The New York Times – Business:
The justices appeared ready to rule that people and companies need not wait for administrative rulings to press constitutional claims in federal court.
In Fashion Industry, a Fine Line Between Collaboration and Collusion

The New York Times – Business:
Adhering to antitrust regulation while negotiating collective sustainability targets is proving tougher to navigate for some in the fashion industry.
Big Tobacco Heralds a Healthier World While Fighting Its Arrival

The New York Times – Business:
The industry continues to back smoking protections, like this November’s ballot initiative in California that would overturn a law banning tobacco flavors.
Forecasting the Future of Election Prediction Markets

The New York Times – Business:
After flying under the radar as academic experiments, the markets are facing close regulatory scrutiny. But they are worth preserving, our columnist says.
FTC Accuses Chegg Homework Help App of ‘Careless’ Data Security

The New York Times – Business:
Chegg, a homework help app, exposed the data of 40 million users, including details about some students’ sexual orientation and religion, regulators said in a legal complaint.
SPAC Tied to Trump Media Says Early Talks Were Not ‘Substantive’

The New York Times – Business:
Lawyers for Digital World recently told regulators that the SPAC had not violated any rules by talking to Trump Media before going public.