The Unlawful Internet Gambling Enforcement Act of 2006 made transactions from financial companies to online gambling sites illegal, but carved out an exception for fantasy sports, classifying it as a game of skill. Since then, however, daily fantasy sports websites have exploded in popularity and are now worth billions of dollars because of a surge of investors, including national sports organizations, television networks, and team owners. Fantasy sports recently came under scrutiny after an employee of one of the sites admitted to having released confidential information. The same employee then won $350,000 in a competition on a rival site. The…

Over the past six years, the U.S. Department of Education has established tougher regulations targeting for-profit, or career colleges — institutions that operate as a business, often have shareholders, and derive most of their revenue from taxpayer-funded student financial aid. Among other actions, the Department has issued “gainful employment” regulations (also applied to community colleges and public universities), intended to help ensure that students at career colleges don’t end up with debt they cannot repay. The rule requires colleges to track their graduates’ performance in the workforce and eventually will cut off Federal funding for career training programs that fall…

On September 29, the House Subcommittee on Commerce, Manufacturing, and Trade held a hearing titled “The Disrupter Series: How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions.” The Background Memo on the hearing stated, “The sharing economy typically is described as the facilitation of peer-to-peer transactions, many of which would be impossible or too costly without sharing platforms.” It also cited a study estimating that the sharing economy generated $15 billion in revenues in 2013, and is projected to generate $335 billion in 10 years. The hearing looked at the influence the sharing economy and its emerging…