On May 3, 2023, New York Attorney General Letitia James introduced legislation that, if passed, would substantially increase oversight and regulation of the cryptocurrency industry in New York. James touts the bill as the...more
FINRA punctuated its annual post-New Year’s Report on FINRA’s Examination and Risk Monitoring Program (the “Report”), by including a new target category “Financial Crimes.” The inclusion of this category is noteworthy not...more
1/18/2023
/ Anti-Money Laundering ,
Cybersecurity ,
Enforcement ,
Financial Crimes ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Markets ,
Fraud ,
Initial Public Offering (IPO) ,
Market Manipulation ,
Nasdaq ,
NYSE ,
Office of Foreign Assets Control (OFAC) ,
Red Flags Rule ,
Sanctions ,
Technology
In a closely-watched decision involving judicial review of agency settlements, the Unites States Court of Appeals for the Second Circuit vacated United States District Court Judge Jed Rakoff’s 2011 order rejecting a proposed...more
7/8/2014
/ Appeals ,
Chevron Deference ,
Citigroup ,
Consent Decrees ,
Enforcement ,
Enforcement Actions ,
Interlocutory Appeals ,
Judge Rakoff ,
Risk Management ,
SEC v Citigroup ,
Securities and Exchange Commission (SEC) ,
Settlement