Legal & Regulatory
Trump Declares War On Unions
Labor leaders said after the election they’d give him a chance to deliver on his pro-worker agenda. But the ceasefire appears over.
Regulatory Authority Fines Morgan Stanley $1.5 Million For Broken Link
The firm Morgan Stanley Smith Barney was fined $1.5 million for technical failures including a broken online link, preventing clients from checking fund prospectuses online for nine months.
WHO Prequalifies Rapid Diagnostic Test For Hepatitis C Virus
The World Health Organization has prequalified a tool for the quick diagnosis of hepatitis C. Since treatment for hepatitis C has become affordable and available in low and middle-income countries, the organization believes that the prequalification of an effective diagnostic tool will improve the number of patients cured.
Financial Conduct Authority To Implement Stricter Rules In Spread-Betting
An investigation on spread-betting revealed that 82% of users lost money. In response, the Financial Conduct Authority proposed for stricter rules for the industry.