News & Analysis as of

Funding Enforcement Actions

Skadden, Arps, Slate, Meagher & Flom LLP

With New Technology and New Hires, the IRS Aims To Audit More Effectively While Improving Taxpayer Services

New Funding, New Focus - With some $80 billion in initial funding from the Inflation Reduction Act (IRA), the Internal Revenue Service (IRS) began ramping up taxpayer services, issue resolution planning, compliance and...more

Kohn, Kohn & Colapinto LLP

Bipartisan Bill Provides Long-Term Fix to CFTC Whistleblower Program Funding Crisis

Over the past few years, the Commodity Futures Trading Commission (CFTC) Whistleblower Program has faced a funding crisis which threatens to undermine the success of the program. While a 2021 law provided a short-term fix...more

Bowditch & Dewey

Attorney General Advisory Turns up the Heat for Compliance for MBTA Communities

Bowditch & Dewey on

On March 15, 2023, Attorney General Andrea Joy Campbell issued an advisory clarifying the requirements imposed on the 177 cities and towns impacted by the 2021 MBTA Communities Zoning Law (codified at M.G.L. c. 40A, § 3A). In...more

Orrick, Herrington & Sutcliffe LLP

Online lender asks Supreme Court to review ALJ ruling

A Delaware-based online payday lender and its founder and CEO (collectively, “petitioners”) recently submitted a petition for a writ of certiorari challenging the U.S. Court of Appeals for the Tenth Circuit’s affirmation of a...more

Ballard Spahr LLP

New litigation challenges CFPB’s subpoena authority based on Fifth Circuit decision holding CFPB’s funding mechanism is...

Ballard Spahr LLP on

As the industry continues to digest the Fifth Circuit’s opinion in Community Financial Services Association of America, Ltd. v. Consumer Financial Protection Bureau, which held the Bureau’s funding mechanism to be...more

Troutman Pepper

Texas Federal Court Issues Stay Pending Fifth Circuit Mandate

Troutman Pepper on

On October 31, a Texas federal court ordered a stay in a Consumer Financial Protection Bureau (CFPB) enforcement action, pending the issuance of the Fifth Circuit mandate in Community Financial Services Association of America...more

Health Care Compliance Association (HCCA)

OCR: Current Fines Too Low to Spur Compliance; Agency Also Seeks Funding Boost, Injunctive Relief

Report on Patient Privacy 22, no. 5 (May, 2022) - Compared to other agencies, the HHS Office for Civil Rights (OCR) is a little fish in the big federal pond, but it has an outsize effect on HIPAA covered entities (CEs) and...more

McDermott Will & Emery

Enforcement Agencies Announce Moratorium on Early Termination Program for Merger Reviews

McDermott Will & Emery on

The US Federal Trade Commission (FTC) released a joint statement with the Department of Justice (DOJ) on February 4, 2021, signaling comprehensive changes to the merger review process. In a significant development, the...more

Foley Hoag LLP

SEC Enforcement Continues to Target Private Fund Advisers for Improper Fee Allocation

Foley Hoag LLP on

Making clear that it remains focused on misallocation of fees and expenses by private fund advisers, the SEC last week brought a settled administrative proceeding against Monomoy Capital Management, L.P., a New York-based...more

Kramer Levin Naftalis & Frankel LLP

SEC Settlement in the Curt Schilling 38 Studios Matter Highlights the Section 17(a)(2) Liability of Initial Purchasers in Rule...

On March 20, 2019, an agreement between Wells Fargo Securities LLC (Wells Fargo) and the Securities and Exchange Commission (SEC) to settle litigation involving failed video game company 38 Studios, LLC, headed by former...more

Cooley LLP

Blog: Congress Eyes Pharmaceutical Company Settlement Agreements as Source for Additional FDA & NIH Funding

Cooley LLP on

Senator Elizabeth Warren (D-MA) recently introduced legislation that, if passed, would require certain pharmaceutical companies that enter into settlement agreements with the Department of Justice or other governmental...more

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