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News
August 12, 2015

In the News Today – August 12, 2015

The National Law Review takes a look at how the FCC’s recent order on the Telephone Consumer Protection Act (TCPA) impacts reassigned numbers. The rule “creates a trap for law-abiding companies by giving litigious individuals a reason not to inform callers about a wrong number,” according to dissenting FCC Commissioner Ajit Pai. (National Law Review)

Credit Suisse Group AG may be close to a settlement with the New York Attorney General and the Securities and Exchange Commission over allegations related to its Crossfinder venue. In this trading venue, investors are allowed to “trade shares anonymously and only make trading data available afterwards.” The settlement could run in the “tens of millions of dollars” and could be “the biggest fine ever levied against an operator of a private trading venue.” (New York Times)

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