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Exclusive-Apple, Meta likely to face modest fines over DMA breaches, sources say

Exclusive-Apple, Meta likely to face modest fines over DMA breaches, sources say

By Foo Yun CheeBRUSSELS (Reuters) -Apple and Meta Platforms (NASDAQ:META) are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power, people with direct knowledge of the matter said on Monday.Both companies have been in the European Commission’s crosshairs since last year for potential breaches of the Digital Markets Act which could cost companies as much ...

2025-03-11 02:21:49
US SEC to move away from requiring crypto firms to register as trading systems, chief says

US SEC to move away from requiring crypto firms to register as trading systems, chief says

WASHINGTON (Reuters) - The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.The SEC in 2022 proposed requiring some crypto firms to register as alternative trading systems, drawing criticism from the sector in t ...

2025-03-11 02:20:27
SEC considers scrapping plan to widen alternative trading systems definition

SEC considers scrapping plan to widen alternative trading systems definition

Investing.com -- The acting chief of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, announced on Monday that he has directed his staff to explore ways to abandon a proposal that would have expanded the definition of alternative trading systems to include certain cryptocurrency firms.In 2022, the SEC proposed that some cryptocurrency firms should register as alternative trading syst ...

2025-03-11 02:18:36
US Secretary of Health Kennedy to meet food company chiefs next week, Politico reports

US Secretary of Health Kennedy to meet food company chiefs next week, Politico reports

(Reuters) -U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. plans to meet with senior executives from leading food companies like General Mills (NYSE:GIS) and PepsiCo (NASDAQ:PEP) on March 10, Politico reported on Saturday, citing people familiar with the matter.The idea of such a meeting was first seeded among industry players in February led by the Consumer Brands Association, ...

2025-03-10 13:24:54