05/03/2022
This Legal Update summarizes some of the key points that FinCEN highlighted to help financial institutions identify potential indicators of kleptocracies and corrupt foreign public officials.
05/02/2022
The law firm alleged disclosure shortcomings around a securitisation deal.
05/02/2022
Under the new rules, companies would be obligated to present sweeping and detailed climate-related disclosures in their annual reports and registration statements.
04/29/2022
Settlement Structured to Expedite Payment to Bondholders Through Related Bankruptcy Proceeding
04/28/2022
Sung Kook (Bill) Hwang – the Founder and Head of Archegos – and Three Others Charged with Racketeering and Fraud Offenses Related to Market Manipulation Scheme
04/26/2022
The proposed rules cover information provided to investors related to greenhouse gas emissions and climate change risks
04/25/2022
Earlier in the day, Russian Ambassador Anatoly Antonov said that Bank of America closed the accounts of two Russian consulates general in Houston and New York.
04/25/2022
The bankers allege that the bureau has already concluded that the financial services market is not competitive, and that fees are hidden and hurt consumers.
04/22/2022
Institutions or individuals that manage pensions overseen by the Labor Department are required to get permission to continue operations in the event of certain criminal convictions.
04/22/2022
Task Force KleptoCapture will operate out of the Office of the Deputy Attorney General, but will also include agents and analysts from numerous law enforcement agencies.
04/22/2022
Though some companies voluntarily report climate-related information, currently there are not any standardized requirements imposed by the SEC.
04/21/2022
The officer was fired in 2018, and sued the firm later that year for defamation, initially winning an $11.1 million award following arbitration.
04/21/2022
The firm was also recently recognized as “North America Legal Advisor of the Year” by Proximo for the second year in a row
04/21/2022
Proposed Rules would establish three (3) qualitative standards designed to require registration of market participants who engage in a routine pattern of buying and selling securities
04/21/2022
All of the investigations received assistance from the SEC’s Office of International Affairs
04/19/2022
German Nino pleaded guilty to wire fraud in Florida federal court for stealing more than $5 million from clients and spending it on 'romantic partners,' according to the DOJ.
04/18/2022
“There will be pain. I don’t see how the Fed can [fight inflation] without having growth less than potential for some period of time.”
04/14/2022
US attorney general Merrick B. Garland said the case was the first seizure of a Russia-linked sanctioned individual’s assets and promised that it would “not be the last”.
04/14/2022
Although the proposed rules remain subject to comment, in many ways they reflect preexisting SEC expectations for how regulated entities should manage cybersecurity risks and report cybersecurity incidents.
04/14/2022
The investment by the US Department of Treasury is part of the Federal Government’s response to the COVID-19 pandemic.