On November 4, 2025, Jay Clayton, the U.S. Attorney for the Southern District of New York, unsealed the indictment of Bradley Heppner, founder of Beneficient Company Group LP, a financial services startup, who has been...more
11/18/2025
/ Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
FBI ,
Financial Services Industry ,
Fraud ,
Indictments ,
Investors ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
White Collar Crimes
On October 21, 2025, Senate Republicans introduced a new bill that would increase the threshold amounts applicable to certain currency transaction reports and suspicious activity reports under the Bank Secrecy Act (BSA). The...more
11/5/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
Currency Transaction Reports (CTR) ,
Financial Crimes ,
Financial Institutions ,
FinCEN ,
Proposed Legislation ,
Regulatory Reform ,
Reporting Requirements ,
Suspicious Activity Reports (SARs) ,
Threshold Requirements
A look back at U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins' first six months shows that the emphasis on garden variety fraud, insider trading, and basic regulatory requirements violations by registered...more
10/28/2025
/ Corporate Misconduct ,
Cross-Border Transactions ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Enforcement Priorities ,
Foreign Entities ,
Fraud ,
Insider Trading ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Regulatory Violations ,
Retail Investors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Willful Misconduct
On October 14, 2025, the Fourth Circuit issued its opinion in Holmes v. Elephant Insurance Company, clarifying that plaintiffs in data breach class actions must demonstrate that their compromised personal information was...more
10/27/2025
/ Appellate Courts ,
Article III ,
Class Action ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Injury-in-Fact ,
Litigation Strategies ,
Public Disclosure ,
Risk Management ,
Standing
In August 2025, the Department of Justice (DOJ) launched a cross-agency Trade Fraud Task Force to facilitate implementation of the White House's proposed changes in its January 2025 "America First Trade Policy." ...more