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Foley & Lardner LLP

Down But Not Out: Federal Court Curbs SEC Cybersecurity Enforcement Authority

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In a stinging rebuke of its attempted cybersecurity-related enforcement against a public company, a federal judge recently dismissed most of the charges that the U.S. Securities and Exchange Commission (SEC) had filed against...more

Venable LLP

CFIUS Proposes Increased Penalties for Noncompliance and Updated Mitigation and Enforcement Rules

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As the lead agency for the Committee on Foreign Investment in the United States (CFIUS or the Committee), the U.S. Department of the Treasury released new proposed rules on April 11, 2024 intended to enhance the enforcement...more

WilmerHale

The FCA Enforcement Club: Public Membership Soon to be Available...

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“The first rule of enforcement club is that you do in fact talk about enforcement club”; so Therese Chambers, the UK Financial Conduct Authority’s (FCA) joint executive director of enforcement and market oversight, announced...more

Barnea Jaffa Lande & Co.

Israel Securities Authority: Oversight of Unsupervised Entities

In recent times, there has been an increasing trend of supervision by the Israel Securities Authority (ISA) over non-supervised entities. This may seem paradoxical: if these entities are not under supervision, why does the...more

BCLP

On Watch - Do regulators now expect firms to monitor communications using AI?

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Artificial Intelligence (AI) is no longer just a buzzword, but a reality that is firmly on the radar of regulators and regulated firms in the US and UK. Recently, considerable investment into this area has prompted...more

WilmerHale

New Jersey Enacts Comprehensive Privacy Law

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On January 8, 2024, the New Jersey Assembly and Senate passed Senate Bill 332 (S. 332, or the “Act”), and it was signed into law by Governor Phil Murphy on January 16. This makes New Jersey the first state to enact a...more

Eversheds Sutherland (US) LLP

Practical steps to mitigate RIN market fraud risk in light of EPA's Inspector General RFS audit report

On September 19, 2023, the US Environmental Protection Agency (EPA) Office of Inspector General (OIG) issued its conclusions after conducting an audit of EPA’s Renewable Fuel Standard (RFS) Moderated Transaction System (EMTS)...more

WilmerHale

The Emergence of a Global Russia Sanctions Enforcement Regime

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The year since Russia’s invasion of Ukraine has been marked by the development of a multi-jurisdictional, multi-agency sanctions regime in the United States, the United Kingdom and the European Union. Although coordination...more

Holland & Knight LLP

International Trade Compliance Year in Review: 10 Enforcement Lessons from 2022

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In the past year, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the U.S. Department of Commerce's Bureau of Industry and Security (BIS) and the U.S. Department of State's Directorate of...more

Latham & Watkins LLP

Global Legal Insights: Bribery & Corruption, 10th Edition - China

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China’s anti-corruption laws have been stringent for many years. On 1 January 1980, the Criminal Law of the People’s Republic of China (the “PRC Criminal Law”) containing the criminal offences of bribery and corruption came...more

Hogan Lovells

FTC announces return to rigorous enforcement of ban on unfair competition

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On November 10, 2022, the Federal Trade Commission (FTC) issued a new policy statement announcing the agency’s intent to exercise broad enforcement discretion to challenge unfair competition based on the authority granted by...more

Latham & Watkins LLP

Analysis: French Sanctions Regime for Digital Asset Service Providers and Token Issuers

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Various sanctions may apply against DASPs and token issuers that operate in France in contravention of applicable rules. France was a pioneer in establishing a legal framework for the regulation of digital assets and...more

Holland & Knight LLP

SEC Enforcement to Defense Counsel: Stop Playing Games, Help Build Public Trust

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Earlier this month at the Securities Enforcement Forum West, SEC Director of Enforcement Gurbir Grewal offered some plainspoken advice to the defense bar: Stop delaying investigations and help build the public's trust in the...more

BakerHostetler

Biden Administration Seeks to Reverse Decades-Long Decline in Federal Environmental Enforcement in Proposed 2023 EPA Budget

BakerHostetler on

The Biden administration recently proposed a fiscal year (FY) 2023 budget for the U.S. Environmental Protection Agency (EPA) that seeks to increase EPA’s budget by $2.644 billion and reverse a decades-long slide in federal...more

Latham & Watkins LLP

French Government Seeks to Regain Control Over Enforcement of French Blocking Statute

Latham & Watkins LLP on

A new decree and a ministerial order strengthen cooperation between French ministries, reflecting the government’s desire to monitor more closely certain foreign discovery requests. Overview - Originally enacted in...more

Venable LLP

Russia and Sanctions: What Happens Next? Compliance and Enforcement

Venable LLP on

Now that the United States and its allies have deployed many of their available financial and trade weapons in support of Ukraine against Russia's invasion, what happens next? Perhaps more than any other U.S. sanctions...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Cook County, Illinois, Issues Proof-of-COVID-19-Vaccination Requirements for Restaurants, Gyms, and Indoor Entertainment Venues

On December 23, 2021, Cook County, Illinois, issued Public Health Order No. 2021-11, joining the City of Chicago in requiring certain indoor establishments (including restaurants, gyms and fitness centers, and entertainment...more

Latham & Watkins LLP

DOJ and Treasury Take Crypto Enforcement to the Next Level

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The DOJ’s National Cryptocurrency Enforcement Team and Treasury’s OFAC are setting their sights on cryptocurrency use in cybercrimes. The US Department of Justice (DOJ) is sharpening its focus on combatting...more

Parker Poe Adams & Bernstein LLP

Federal Government Moves to Revoke South Carolina's Enforcement Authority for Occupational Safety and Health

Under the federal Occupational Safety and Health Act, states may elect to enforce their own health and safety programs in lieu of federal OSHA exercising enforcement authority. A number of states such as North Carolina and...more

Benesch

Warning from FTC Regarding Scope of Health Breach Notification Rule

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As the collection and use of health data drastically expands, the agency issued a recent guidance to officially put health apps and connected medical devices “on notice.” On September 15, the Federal Trade Commission...more

Holland & Knight LLP

Government Investigations: Insight from a Former Federal Trade Commission Director

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Holland & Knight hosted Dama Brown, the former Regional Director of the Federal Trade Commission's (FTC) Southwest Region, for a webinar presentation on Aug. 11, 2021. During the interview, Holland & Knight Partner Anthony...more

Genova Burns LLC

New Jersey Enacts Higher Penalties for Employee Misclassification

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On July 8, 2021, Governor Phil Murphy signed three bills into law that continue to raise the stakes for employers that misclassify employees as independent contractors. With these changes, businesses that operate in New...more

Ervin Cohen & Jessup LLP

FTC Announces July 1 Open Meeting

On June 24, 2021, the Federal Trade Commission (“FTC”) announced that it would be holding the first of a series of open meetings. Members of the public are invited to listen to the FTC’s discussion and submit public comment....more

BCLP

Economic Crime: the Crown Prosecution Service unveils its strategy

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On 30 March 2021, the Crown Prosecution Service (CPS) published an overview of its strategy in relation to economic crime, outlining its high-level goals leading up to 2025. In it, the CPS ambitiously commits “to ensure the...more

Latham & Watkins LLP

Insider Trading in Commodities Markets: An Evolving Enforcement Priority

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The CFTC and the DOJ both now pursue enforcement actions against trading in commodities based on misappropriation of confidential information. Among the many changes resulting from the Dodd-Frank Wall Street Reform and...more

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