All United States articles – Page 49
-
News Brief
Advisor Resource Council to pay $300K over compliance lapses
Advisor Resource Council agreed to pay a $300,000 penalty to resolve charges levied by the Securities and Exchange Commission of compliance failures exacerbated by staffing woes.
-
News BriefEquinix probing short seller accusations amid DOJ scrutiny
Data center owner Equinix disclosed it launched an independent investigation to review matters referenced in a recent short seller report that also caught the attention of the Department of Justice.
-
News BriefSEC charges attorney over independence violations post-compliance engagement
The Securities and Exchange Commission charged a New York-based attorney for allegedly engaging in improper conduct by violating her obligations to remain independent after preparing an independent compliance report for a company.
-
Blog
Fifth Third appoints chief sustainability officer
Fifth Third Bank announced Pratik Raval as chief sustainability officer.
-
Blog
Dynex Capital adds ex-DTCC risk chief to board
Financial services company Dynex Capital announced its board of directors appointed Andrew Gray, who most recently served as group chief risk officer for Depository Trust and Clearing Corp., as an independent director.
-
Blog
Cirba Solutions announces legal chief
Battery recycling and battery materials company Cirba Solutions announced the appointment of Jake Wilson as chief legal officer.
-
Blog
ATI names general counsel, chief compliance officer
ATI, a producer of materials and solutions for the global aerospace and defense markets, named Vaishali Bhatia as senior vice president, general counsel and chief compliance officer.
-
Blog
Phoenix Merchant Partners welcomes general counsel
Independent investment firm Phoenix Merchant Partners announced the addition of Rafael Colorado as chief operating officer and general counsel.
-
Premium
FDIC proposes strengthening, modernizing bank merger reviews
The Federal Deposit Insurance Corporation proposed to strengthen its approach to evaluating bank mergers under the Bank Merger Act, particularly how it would address factors like competition, financial resources, the convenience and needs of communities, financial stability, and money laundering.
-
News BriefDOT launches first data privacy review of 10 biggest airlines
The U.S. Department of Transportation is looking to thwart the nation’s 10 largest airlines from monetizing passenger data or selling it to third parties.
-
News BriefBIS rule expands export control restrictions on OFAC sanctioned entities
The Bureau of Industry and Security adopted a final rule to extend its export restrictions across more entities and individuals designated under certain sanctions programs maintained by the Office of Foreign Assets Control.
-
News BriefAdani Group on defense over reports of FCPA probe
Indian conglomerate Adani Group said it is aware of an investigation by the U.S. Department of Justice into bribery allegations against a “third party” but denied a relationship with it.
-
News BriefPCAOB fines KPMG China partners combined $150K over audit violations
The Public Company Accounting Oversight Board imposed collective fines totaling $150,000 against three partners at KPMG China for violations of standards related to their audit work at education service provider Tarena International.
-
PremiumChapter 4: Investigations into misconduct: What banks can do
Both JPMorgan Chase and Deutsche Bank retained their respective Jeffrey Epstein relationships for too long. Yet, there is a case to be made for why exiting a high-risk relationship too soon can become an inverse form of recklessness.
-
Blog
Enstor Gas adds general counsel
Enstor Gas announced that Jennifer Johnson has joined the company as general counsel.
-
Blog
PayPal adds ex-SoFi risk chief in enterprise services role
Financial technology company PayPal Holdings announced the appointment of Aaron Webster as executive vice president, chief enterprise services officer.
-
Blog
Norfolk Southern appoints chief compliance officer
Rail transportation company Norfolk Southern Corp. appointed Angie Kolar as vice president and chief compliance officer.
-
News BriefShort seller accuses Equinix of ‘selling AI pipe dream,’ accounting manipulation
Data center owner Equinix boasts artificial intelligence as a boon to business when power consumption costs related to implementing AI could be detrimental to its profitability, according to short seller Hindenburg Research.
-
News BriefEx-Stericycle finance director charged for bribery scheme role
A former finance director at medical waste disposal company Stericycle faces Department of Justice charges for his alleged role in a bribery scheme that led the company to an $84 million settlement regarding violations of the Foreign Corrupt Practices Act.
-
PremiumExperts: Legal noise around SEC climate disclosure rule no excuse for standing still
Legal experts are advising their public company clients to move forward with plans to comply with the SEC’s climate-related disclosure rule, despite lawsuits and other challenges being brought against the controversial policy in the aftermath of its approval.