All United States articles – Page 85
-
News BriefTrump-linked SPAC settles SEC fraud charges for proposed $18M
Digital World Acquisition Corp. faces a penalty of $18 million as part of a settlement reached with the Securities and Exchange Commission regarding fraud allegations related to its dealings with Trump Media & Technology Group.
-
News BriefTech giants, White House agree to AI risk management guidelines
Technology companies including Google, Meta, and OpenAI agreed to a series of voluntary commitments they’ll make regarding their management of risks when developing artificial intelligence systems.
-
Blog
CleanSky Energy promotes chief compliance officer
CleanSky Energy announced the promotion of Andy Beauchamp to the newly created position of chief regulatory and compliance officer.
-
Blog
Bramshill Investments tabs chief risk officer
Asset management firm Bramshill Investments announced the appointment of Nicolas Amato as chief risk officer.
-
PremiumBiden cyber strategy plan calls for big businesses to step up
The “biggest, most capable, and best-positioned” businesses must assume a greater share of mitigating cyber risks, the White House said in announcing the National Cybersecurity Strategy Implementation Plan.
-
PremiumSurvey: U.S. bank failures prompt reassessment of third-party risks
Nearly half the respondents to a Compliance Week and Riskonnect survey regarding the recent U.S. banking crisis said they changed or considered changing their third-party risk management procedures as a result of the turmoil.
-
News BriefDOJ, FTC highlight core guidelines in draft merger guidance
New draft merger guidance put forward by the Department of Justice and Federal Trade Commission continues the agencies’ joint mission to modernize antitrust enforcement.
-
News BriefFed fines Deutsche Bank $186M over historic sanctions, AML lapses
The Federal Reserve Board fined Deutsche Bank $186 million regarding violations of previous consent orders addressing alleged sanctions and anti-money laundering weaknesses and control failures relating to the bank’s relationship with Danske Estonia.
-
PremiumExperts: XRP ruling offers little clarity on crypto regulation
A judge’s ruling the token XRP does not intrinsically possess the characteristics of a security that must be registered with the Securities and Exchange Commission has not cleared the uncertainty that remains around the regulation of digital assets, according to experts.
-
News BriefCriminal Division head Kenneth Polite to leave DOJ
Assistant Attorney General Kenneth Polite Jr. is set to leave the Department of Justice after a tenure highlighted by multiple policy changes intended to empower corporate chief compliance officers.
-
PremiumExpert views mixed on viability of new EU-U.S. data transfer framework
The European Commission might have given a green light to the latest mechanism to allow safe data transfers between the European Union and the United States, but experts have mixed views regarding how long it will last and whether it is even legal.
-
PremiumM&A lessons from EU’s maximum $476M fine against Illumina
The European Commission imposed maximum disciplinary measures in fining U.S.-based biotechnology company Illumina €432 million (U.S. $476 million) regarding its “gun-jumping” merger with cancer detection company Grail.
-
News Brief
SEC fines Cantor Fitzgerald $1.4M over large trader filing lapses
Financial services firm Cantor Fitzgerald agreed to pay a $1.4 million penalty as part of a settlement with the Securities and Exchange Commission addressing alleged reporting failures.
-
News BriefLatest CCPA sweep targets employee, applicant info protections
The California Office of the Attorney General has turned its attention to the practices of large companies regarding the protection of the personal information of employees and job applicants as part of its latest investigative sweep under the California Consumer Privacy Act.
-
News Brief
FTC joins DOJ in rescinding healthcare antitrust guidance
The Federal Trade Commission announced the withdrawal of two antitrust policy statements the agency deemed “outdated.” The move puts the FTC in line with the Department of Justice, which announced a similar action earlier this year.
-
News BriefNextGen Healthcare to pay $31M in false claims case
Electronic health record technology vendor NextGen Healthcare agreed to pay $31 million as part of a settlement announced by the Department of Justice for allegedly misrepresenting the capabilities of its software.
-
News BriefCFTC whistleblower director steps down
Christopher Ehrman, the head of the whistleblower program at the Commodity Futures Trading Commission, departed the agency.
-
Blog
PCAOB general counsel to depart
The Public Company Accounting Oversight Board announced the departure of Kenneth Lench as general counsel.
-
PremiumPotential sanctions violations: To voluntarily self-disclose or not?
The Department of Justice scrutinizing sanctions on par with how it views bribery under the Foreign Corrupt Practices Act alters the calculus of whether a company should voluntarily self-disclose potential violations, experts discussed at CW’s TPRM Summit.
-
Blog
Delta appoints chief sustainability officer
Delta Air Lines announced Amelia DeLuca will return to its global sustainability team as chief sustainability officer.