All Regulatory Enforcement articles – Page 123
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Blog
SEC charges brokerage firm with AML failures
The SEC has charged a Utah-based brokerage because it "routinely and systematically failed to file Suspicious Activity reports for stock transactions that it flagged as suspicious."
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Blog
SEC names co-directors for Enforcement Division
The SEC has announced that Acting Director of the Division of Enforcement Stephanie Avakian and former federal prosecutor Steven Peikin have been named co-directors of the Enforcement Division.
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Blog
AG’s memo puts halt to third-party settlements
Attorney General Jeff Sessions has ordered Department of Justice staff to no longer indirectly include charities and activist groups as part of corporate settlements.
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Blog
The Haider FinCEN enforcement action and CCO liability
Does the recent FinCEN enforcement action against Thomas Haider, Moneygram’s CCO, portend a shift in Justice Department enforcement strategies?
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Blog
Banamex USA combined penalties reach $237.4M for Bank Secrecy Act violations
Total combined penalties paid by Banamex USA following criminal and regulatory investigations for violations of the Bank Secrecy Act and anti-money laundering laws and regulations reached $237.4 million this month.
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Blog
Under FCPA investigation? Reconsider travel to the U.S.
The arrest of VW’s former top emissions compliance manager, Oliver Schmidt, who was departing the United States after a Christmas holiday and was thrown in jail and denied bail, will make it less likely for foreign countries to send their citizens to face U.S. justice.
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Blog
SEC: Trading scheme involved confidential government information
The Securities and Exchange Commission has announced alleged insider-trading charges in a plot that used non-public government information to affect the value of publicly traded medical stocks.
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Blog
CW 2017 event reveals few have read Justice Dept. Evaluation Guidance
A small percentage of the audience at Compliance Week 2017 had read the Justice Department guidance on evaluations. What are they missing, and why the delay?
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Blog
A Futurist on compliance
At Compliance Week 2017, Futurist Dr. Brian David Johnson started the show with his talk about artificial intelligence, the future of the compliance profession, and the position of the chief compliance officer.
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Blog
SEC flexes muscles against man who faked Fitbit news
The SEC has announced fraud charges against a Virginia man who profited from a scheme to manipulate the price of Fitbit stock by using a phony regulatory filing.
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Resource
Essential Guide to the GDPR: Practical Steps to Address EU General Data Protection Regulation Compliance
This guide was developed to take over 200 pages of GDPR legal text and translate it into practical implementation steps for an organization of any size or maturity. It contains helpful tips and best practices on how security teams can benefit from compliance.
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Blog
Boards, compliance, and ongoing strategy
Board members must learn to take a more active role to not only prevent scandals—but when they do arise, ask tough questions of management and the compliance function about what is being done to remediate the situation.
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Article
Preventing False Claims Act liability
During a recent panel, federal and state officials, corporate defense attorneys, and whistleblower reps alike debated the ins and outs of U.S. FCA cases and how to defend them.
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Blog
SEC names new Deputy Chief of Staff, other senior officials
The Securities and Exchange Commission announced several new appointments this week, including a new Deputy Chief of Staff, general counsel, and new chief counsel to SEC Chairman Jay Clayton.
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Blog
How do you determine judgment at the CEO level?
In the case of Barclays CEO Jes Staley, judgment seems to be lacking, as the executive first attempted to unmask an anonymous internal whistleblower and now has intervened in a Brazilian private-equity deal involving his brother-in-law.
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Blog
SEC charges CEO with failing to disclose perks to shareholders
A former CEO will pay $5.5 million to settle SEC allegations that perks, benefits, and other forms of compensation were not properly disclosed to shareholders.
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Blog
Barclays to pay $97M for overcharging clients
In a settlement of more than $97 million, Barclays agreed to settle three sets of violations that resulted in clients being overbilled by nearly $50 million, the SEC announced.
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ArticlePeter Driscoll: The risk detective
Under Peter Driscoll’s lead, the SEC Office of Compliance Inspections and Examinations uses a risk-based approach to fulfill its mission to promote compliance with U.S. securities laws.
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Blog
Bumble Bee to pay $25M in price-fixing scheme
Seafood company, Bumble Bee, pleaded guilty yesterday and agreed to pay a $25 million criminal fine resulting from an ongoing federal antitrust investigation into the packaged seafood industry.
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Blog
Former MoneyGram compliance officer pays $250K for AML failures
The former chief compliance officer for MoneyGram International has agreed to a three-year injunction barring him from performing a compliance function for any money transmitter and has agreed to pay a $250,000 penalty for anti-money laundering failures.