Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and...more
As the year gets underway, the Securities and Exchange Commission (SEC or Commission) is continuing its ongoing enforcement efforts to target anti-whistleblower practices by pursuing a broader range of entities and...more
2/15/2024
/ Cease and Desist ,
Civil Monetary Penalty ,
Compliance ,
Confidentiality Agreements ,
Enforcement Actions ,
Financial Institutions ,
Penalties ,
Securities and Exchange Commission (SEC) ,
Voluntary Disclosure ,
Whistleblower Protection Policies ,
Whistleblowers
With the close of FINRA’s fiscal year comes the opportunity for broker-dealer firms to consider where regulators have focused their enforcement efforts and also what can be expected in the coming year. Fortunately, FINRA has...more
2/6/2024
/ Anti-Money Laundering ,
Broker-Dealer ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Investment ,
Regulation BI ,
Regulation SHO ,
Regulatory Oversight ,
REIT ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Securities Transactions ,
Securities Violations
The BarnBridge decentralized autonomous organization (the DAO), along with its founders, agreed to a cease-and-desist order (Order), settling charges brought by the US Securities and Exchange Commission (SEC) finding that its...more
What You Need To Know In A Minute Or Less - Given the evolving regulatory and enforcement landscape—along with the increasingly heightened attention paid by regulators to the cryptocurrency, digital assets, and blockchain...more
WHAT YOU NEED TO KNOW IN A MINUTE OR LESS - The uptick in government investigations and enforcement actions related to cryptocurrency industry participants is striking. The scope and scale of government attention on the...more
The long-anticipated wave of civil enforcement actions involving participants in the Paycheck Protection Program (PPP) has begun. On 12 January 2021, the U.S. Department of Justice (DOJ) announced the first civil settlement...more
On Wednesday, President Trump issued an Executive Order (“E.O.”) granting broad control to U.S. Health and Human Services (“HHS”) Secretary Alex Azar over the production and distribution of health resources needed to prevent...more
In response to the rapid expansion of the coronavirus (“COVID-19”), the Government continues to consider all mechanisms available to cope with expected widespread supply chain and procurement disruptions....more
The past week produced a number of updates regarding the White House’s response to COVID-19 that may impact government contractors. ...more
The coronavirus (“COVID-19”) has emerged as a widespread and potentially prolonged disruption to the global economy. As international and domestic government agencies strive to curb the spread of COVID-19 through all means...more