A New York-based security services company, T&M Protection Resources LLC, agreed to settle allegations by the Federal Trade Commission that it falsely claimed participation in the EU-U.S. Privacy Shield framework.
The EU-U.S. Privacy Shield allows companies on both sides of the Atlantic with a mechanism to comply with data protection requirements when they transfer personal data from the EU to the U.S. in support of transatlantic commerce.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.