GRC Report Staff

FCC Backs Away from Earlier Cybersecurity Mandate, Citing Legal Flaws & Industry Progress

The Federal Communications Commission is reversing a cybersecurity action it took earlier this year, pulling back a Declaratory Ruling that the agency now says misread federal law and would not have made U.S. networks any safer. The FCC also withdrew a related rule-making proposal built on that same interpretation.

U.S. Energy Regulator Sharpens Focus on Market Integrity & Oversight in 2025 Report

The Federal Energy Regulatory Commission is taking stock of a busy year in enforcement, releasing its nineteenth Annual Report on Enforcement with a clearer picture of how the agency spent FY2025 policing the country’s natural gas and electricity markets.

State AI Rights in the Spotlight as California Responds to Trump EO Leak & NDAA Push

The California Privacy Protection Agency isn’t staying quiet as new federal proposals surface that could sideline state-level protections governing artificial intelligence and automated decisionmaking technology. This week, the agency came out firmly against two separate federal efforts, one in Congress and one inside the executive branch, that would make it harder for states to enforce their own guardrails on emerging technologies.

CFTC & State Regulators Imposes More Than $51 Million in Penalties After Fraud Targeting Older Investors

The Commodity Futures Trading Commission and 30 state securities regulators have secured more than $51 million in sanctions and restitution in a long-running precious metals fraud case that targeted older investors across the country.

EU Pushes SFDR Reform Forward Amid a Broader Push for Simplification

The European Commission is once again adjusting the shape of the EU’s sustainability rulebook, this time turning its attention to the Sustainable Finance Disclosure Regulation. Published on 20 November 2025, the proposal aims to make sustainability disclosures far simpler, far shorter, and far easier for investors to understand. It is the clearest sign yet that Brussels is reassessing the administrative load of its sustainability agenda and looking for ways to bring consistency across a landscape that has grown unwieldy.

Spanish Court Orders Meta to Pay €479 Million Over Data Use & Advertising Practices

A Spanish court has ordered Meta to pay €479 million (roughly $552 million) to Spanish digital media outlets after finding the company unlawfully leveraged user data to gain a competitive edge in the country’s online advertising market, a development first reported by Reuters. The ruling, issued by Madrid’s Commercial Court, directs compensation to 87 digital publishers and news agencies and centers on Meta’s use of personal data for behavioral advertising on Facebook and Instagram.

Federal Reserve Outlines Major Shift in Supervisory Operating Principles

The Federal Reserve is reorienting its supervisory approach in a move that Acting Director Mary Aiken and Acting Deputy Director Julie Williams describe as a “significant shift” from past practice. In a memo issued October 29, the leaders of the Division of Supervision and Regulation instructed staff across the Federal Reserve System to align their work with Vice Chair for Supervision Miki Bowman’s updated priorities, an approach that places earlier intervention, clearer communication, and a sharper focus on material financial risks at the center of bank oversight.