Wednesday - December 17, 2025
Federal Regulatory Agencies

Here's a look at documents from federal regulatory agencies

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SEC Files Settled Action as to Curastory, CEO Tiffany Kelly for Alleged Offering Fraud
WASHINGTON, Dec. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 25-civ-6876; E.D.N.Y. filed Dec. 15, 2025):

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Securities and Exchange Commission v. Tiffany Kelly and Curastory Inc., No. 25-civ-6876 (E.D.N.Y. filed Dec. 15, 2025)

On December 15, 2025, the Securities and Exchange Commission filed a settled action as to Brooklyn-based Curastory Inc. and its founder and CEO, Tiffany Kelly, alleging that they engaged in an offering fraud in which they raised approximately $2.8 million from over 1,000 investors nationwide. Curastory and Kelly consented ... Show Full Article

SEC Files Settled Action Against Irfan Mohammed for Alleged Offering Fraud
WASHINGTON, Dec. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-cv-01499; C.D. Ill. filed Dec. 12, 2025) involving Irfan Mohammed:

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On December 12, 2025, the Securities and Exchange Commission filed a settled action against Peoria, Illinois resident Irfan Mohammed, alleging that he engaged in a fraudulent scheme through which he obtained approximately $585,000 from members of the Islamic community in Central Illinois. Irfan Mohammed consented to the entry of a judgment without admitting or denying the SEC's allegations.

According to the SEC's ... Show Full Article

SEC Charges Florida & California Investment Advisers With Selling Securities in Unregistered Oil, Gas Offerings
WASHINGTON, Dec. 16 -- The Securities and Exchange Commission issued the following litigation release (No. 6:25-civ-01754, 2:25-civ-08610, 8:25-civ-02057; M.D. Fla. filed Sept. 11, 2025, C.D. Cal. filed Sept. 11, 2025):

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Securities and Exchange Commission v. Charles D. Oliver, No. 6:25-civ-01754 (M.D. Fla. filed Sept. 11, 2025)

Securities and Exchange Commission v. David P. Ortiz and DaveGlo Investment Group, Inc., No. 2:25-civ-08610 (C.D. Cal. filed Sept. 11, 2025)

Securities and Exchange Commission v. Kevin N. Richards, No. 8:25-civ-02057 (C.D. Cal. filed Sept. 11, 2025)

On September ... Show Full Article

IMG Medical Group to Pay $64,000 to Resolve EEOC Age Discrimination Charge
WASHINGTON, Dec. 15 -- The Equal Employment Opportunity Commission issued the following news release:

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IMG Medical Group to Pay $64,000 to Resolve EEOC Age Discrimination Charge

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Healthcare provider settles charge it fired employee because of age

TAMPA, Fla. - Independent Medical Group, LLC (IMG), a health care provider with several clinics across Florida, agreed to conciliate an age discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today.

During the EEOC's investigation of the charge, the agency found reasonable ... Show Full Article

FTC and States File Amended Complaint Against Uber for Deceptive Billing and Cancellation Practices
WASHINGTON, Dec. 15 -- The Federal Trade Commission issued the following news release:

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FTC and States File Amended Complaint Against Uber for Deceptive Billing and Cancellation Practices

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The Federal Trade Commissionjoined by 21 states and the District of Columbiatoday filed an amended complaint alleging that Uber charged consumers for its subscription without their consent, failed to deliver promised savings including $0 delivery fees, and made it difficult for users to cancel the subscription.

The FTC sued Uber in April over allegations it engaged in deceptive billing and cancellation ... Show Full Article

Consumer Financial Protection Bureau Report: 'The Buy Now, Pay Later Market'
WASHINGTON, Dec. 15 (TNSres) -- The Consumer Financial Protection Bureau issued the following report on December 10, 2025, entitled "The Buy Now, Pay Later Market."

Here are excerpts:

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1. Introduction

The market for buy now, pay later (BNPL) credit, typically a four-payment loan with no interest used by consumers to make retail purchases, continues to expand.1 Using data provided by six large BNPL companies,2 we examine market trends and key metrics in the BNPL market for calendar years 2022 and 2023. The data demonstrates that BNPL products remain a popular financing choice with consumers.

This ... Show Full Article

Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
WASHINGTON, Dec. 15 -- The Consumer Financial Protection Bureau issued the following news release:

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Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans

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The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2026 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $33,500 to $34,200.

The threshold amount will be effective January 1, 2026, and is based on the 2.1 percent ... Show Full Article