All enforcement actions articles

  • Blog post

    SEC enforcements against accountants taper, report says


    SEC enforcement actions against accountants have tapered off the past few years, according to a new analysis, while PCAOB actions jumped and remained high.

  • Blog post

    Wells Fargo settles with SEC over improper sales advice, strategy


    An SEC announcement says Wells Fargo Advisors will settle charges that its sales team pushed retail investors to cash out non-liquid investments before their maturity, unnecessarily costing them money but improving the firm’s profits.

  • Blog post

    CFPB slaps JPMorgan Chase over checking account screening


    The CFPB has reached a consent order with JPMorgan Chase Bank for alleged failures related to information it provides for checking account screening reports. It will pay a $4.6 million penalty and implement necessary changes to its policies to prevent future legal violation.

  • Blog post

    Podcast: The new era of regulatory enforcement


    Globalization, terrorist attacks, the digital world, and aftermath of the great recession are all shaping a complex business landscape with unprecedented risks. In our latest podcast, we talk to KPMG’s Timothy Hedley and Richard Girgenti about these challenges. Joe Mont has more.

  • Article

    Avoiding the Pitfalls of Data Mining


    In recent months, numerous companies have found themselves the target of legal and enforcement actions for obtaining or using personal data without consent. The kicker: Most of these actions could have been easily avoided, since most of the infractions were clear violations of contract law. “If companies simply complied with ...