Welcome to Wilson Sonsini’s Focus on Fintech newsletter. This quarterly newsletter provides ongoing analysis and commentary on regulatory developments impacting the fintech industry.
In this issue, our attorneys discuss...more
5/2/2025
/ Banking Sector ,
Consumer Protection Laws ,
Cryptocurrency ,
Enforcement Actions ,
Financial Services Industry ,
FinTech ,
Popular ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities Regulation
On April 21, 2025, the Federal Trade Commission (FTC) announced that it had filed a complaint against Uber Technologies, Inc. and Uber USA LLC (collectively, Uber), a rideshare and delivery company. Among other things, the...more
On April 24, 2025, the UK’s Office of Communications, commonly known as Ofcom—the regulator responsible for enforcing the UK’s Online Safety Act (OSA)—issued its Protecting Children from Harm Online Statement. The statement...more
Federal Trade Commission (FTC) Chairman Andrew Ferguson has made two significant management decisions that will impact the trajectory of his enforcement agenda. On February 10, 2025, Chairman Ferguson appointed directors for...more
On February 4, 2025, the European Commission (EC) issued draft guidelines clarifying the AI practices that are prohibited under the European Union’s (EU) Artificial Intelligence (AI) Act. While non-binding, the guidelines...more
We are less than a month into the new Trump administration and are seeing an unprecedented wave of activity and major changes at federal agencies. These changes promise to bring significant disruption to the staff and...more
On February 2, 2025, the European Union’s (EU) Artificial Intelligence Act (AI Act) will start to apply in phases. This alert summarizes the new obligations that will apply as of February 2, 2025. It also indicates when...more
On December 2, 2024, the Federal Trade Commission (FTC) announced it had filed a complaint against GOAT, an online retailer of sneakers, apparel, and accessories. In the complaint, the FTC alleged, among other things, that...more
In the latest edition, our attorneys discuss updates and developments from federal regulators, including those related to cryptocurrencies, cybersecurity in financial markets, and the intersection of fintech and AI. They also...more
On September 15, 2022, the Federal Trade Commission (FTC) held an open Commission meeting that covered three agenda items: 1) a rulemaking on impersonation scams, 2) a policy statement on enforcement related to gig work, and...more
9/19/2022
/ Contract Terms ,
Corporate Counsel ,
Enforcement Actions ,
False Advertising ,
False Statements ,
Federal Trade Commission (FTC) ,
FTC Act ,
Gig Economy ,
Misleading Impressions ,
Misleading Statements ,
Unfair Competition
On April 12, 2022, the U.S. Consumer Financial Protection Bureau (CFPB) filed a lawsuit against TransUnion, two of its subsidiaries, and former TransUnion executive John Danaher in his individual capacity for violating an...more
The U.S. Supreme Court's April 2021 decision in the AMG matter significantly limited the Federal Trade Commission's (FTC's) ability to seek monetary redress for consumers under the FTC Act, relief the FTC had successfully...more