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#regulation

9 posts8 participants0 posts today

When I needed to get a pedal bike for my 3 year old I ended up on an unexpected journey through consumer regulation.

I wanted a bike with hand brakes not back brakes (coaster brakes), but they were nowhere to be found. One shop owner told me they did sell them at one point but got in trouble.

That led me to the Trade Practices Act 1974 specially Consumer Protection Notice No. 6 of 2004

CONSUMER PRODUCT SAFETY STANDARD: PEDAL BICYCLES: SAFETY REQUIREMENTS

Fed mulls smaller role for governance in supervisory ratings

Lackluster governance and control standards would no longer disqualify banks from mergers and acquisitions under a new proposal from the Federal Reserve

What could possibly go wrong? 🤦‍♂️

americanbanker.com/news/fed-mu

federal-reserve-bank
American Banker · Fed mulls smaller role for governance in supervisory ratingsBy Kyle Campbell

With this money, #Nvidia is going to set up a recycling scheme for their old HW #ecology, and pay copyrights to artists associations for the data they have plundered? #copyrights #GDPR #transparency #LOL

Anywyay, it looks to me like yet another monopoly; again I am not a serious economist with diplomas, ethics, etc #business #regulation #EU

Nvidia clinches historic $4 trillion market value on AI dominance
reuters.com/world/china/nvidia

The last Govt. sought to increase the (damaged) integrity of Companies House by requiring smaller firms to submit full annual accounts; the measure was intended to combat the incidence of fraudulent company registrations & the use of shell firms to hide & launder suspect business transactions.

Now Labour in its zeal to ease regulation on business has backtracked on implementing such measures.

The Q. is: who benefits? Small business, or fraudsters? (or, of course, both?)

#regulation
h/t FT

why bother complying with all the onerous rules that regulate the selling of securities to the public when you can just sell them “tokens” instead?

SpaceX and OpenAI are privately held companies that have disclosed virtually nothing about their businesses to the public (which they would be required to do before selling "shares" instead of "tokens" to mere mortals).

you’re looking at the death of 100 years of more or less successful financial regulation. all the rules put into place after the great depression are pretty much kaput.

#SEC#CFTC#regulation

Fourth time this year. And yet if a car manufacturer has to recall a subset of cars once in a blue moon because of a build flaw it's considered so problematic it's an international news item.

It's possible that we should have started by holding digital products to the same standard as we do everything else, but the second-best time to do it is now.

infosec.exchange/@BleepingComp

Infosec ExchangeBleepingComputer (@BleepingComputer@infosec.exchange)Google has released emergency updates to patch another Chrome zero-day vulnerability exploited in attacks, marking the fourth such flaw fixed since the start of the year. https://www.bleepingcomputer.com/news/security/google-fixes-fourth-actively-exploited-chrome-zero-day-of-2025/