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DOJ and CFTC drop investigations into Polymarket

Key Takeaways The DOJ and CFTC have ended their investigations into the crypto-betting platform Polymarket. Polymarket may now seek official US re-entry through CFTC registration or acquisition of a licensed entity. Share this article The US Justice Department and Commodity Futures Trading Commission have ended their investigations into crypto-betting platform Polymarket, Bloomberg reported Tuesday, citing … Read more

UK special investigations team doubles tax haul in crackdown on the rich

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. A UK special investigations team doubled its tax haul from wealthy people in 2023-24, compared with the previous year, in a crackdown on the rich. A department at HM Revenue & Customs set up to … Read more

Justice Department drops Biden-era policy on journalists involved in leak investigations

Attorney General Pam Bondi announced on Friday the Department of Justice (DOJ) will change the policy that allows journalists to hide records and testimony related to suspects in a criminal investigation. In a memo obtained by Axios, Bondi wrote that federal employees intentionally leaking sensitive information to the media undermines the ability of the Department … Read more

Reeves to restrict UK competition watchdog’s merger investigations

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will on Monday pledge to change the law to restrict merger investigations by the UK competition watchdog, as part of her bid to boost corporate confidence and economic growth by easing business regulation. … Read more

Around 90 illegal immigrants in Texas nabbed by Homeland Security Investigations

Roughly 90 illegal migrants were arrested in and around Colony Ridge, Texas, a largely Hispanic development outside Houston, during an operation targeting criminal and illegal migrants. Early Monday morning, Gov. Greg Abbott announced on X that Texas Department of Public Safety (DPS) troopers and special agents were assisting Homeland Security Investigations with the operation after … Read more

Russ Vought, tapped as CFPB’s acting director, directs bureau to issue no new rules, stop all investigations

Office of Management and Budget director Russell Vought is now also the acting director of the Consumer Financial Protection Bureau, where he has directed staff to not issue any new rules, to suspend effective dates of all final rules and to stop any new investigations. Vought, also a Project 2025 author, was named acting director … Read more

SEC staff must obtain top-level approval before launching investigations under new leadership

Key Takeaways SEC lawyers now need approval from politically appointed commissioners to start formal investigations. The change follows a leadership transition at the SEC, with Mark Uyeda appointed as Acting Chair. Share this article The SEC is now requiring its lawyers to obtain top-level approval before formally launching an investigation, according to two sources familiar … Read more

Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports, CFPB Alleges

Update: This article was updated to include comments received from Experian after it was originally published. Experian has routinely provided inaccurate information in credit reports that help determine whether consumers are approved for loans, jobs, or housing and failed to properly investigate or correct errors when consumers disputed the mistakes, according to a lawsuit filed … Read more

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