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 - 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