Velocity Clearing, LLC has agreed to pay a $1 million penalty and bring in an independent consultant after FINRA uncovered sweeping failures in how the firm monitored for manipulative trading. The New Jersey-based broker-dealer, which has been a FINRA member since 2003, signed a settlement through a Letter of Acceptance, Waiver, and Consent (AWC), avoiding a formal disciplinary hearing.
Tyson Foods has agreed to pay $85 million to settle claims it conspired with rivals to drive up pork prices, a deal that pushes total consumer recovery past $200 million in one of the largest antitrust cases to hit the U.S. meat industry.
India’s central bank has set out a sweeping package of reforms designed to toughen the country’s financial system, modernize regulation, and improve protections for everyday consumers. Announced on October 1, the measures cover everything from how banks set aside funds for bad loans, to how exporters manage foreign currency, to how consumers resolve disputes with their banks.
The Federal Trade Commission (FTC) has filed suit against Zillow and Redfin, accusing the real estate platforms of entering into an unlawful agreement that eliminated Redfin as a competitor in the online rental advertising market. Regulators allege the arrangement harmed property managers, renters, and the broader housing market by insulating Zillow from direct competition.
Dun & Bradstreet, the well-known business credit reporting firm, is once again in the regulatory spotlight. The company has agreed to pay $5.7 million after the Federal Trade Commission (FTC) accused it of flouting a 2022 order meant to curb deceptive practices.
Two medical device companies are paying a steep price after federal prosecutors accused them of pushing products in ways that misled doctors and drained taxpayer-funded healthcare programs.
New Zealand’s AML/CFT supervisors have refreshed the customer due diligence playbook across common business structures, pairing an April 2024 guide for limited partnerships with a new September 2025 guide for sole traders and partnerships. Both were issued under section 132(2) of the AML/CFT Act 2009 and are meant to be read alongside the Beneficial Ownership and Enhanced CDD guidance. They are not legal advice, but reporting entities must have regard to them when building or updating their programmes.