In the first case of its kind, IBM has agreed to pay the federal government $17 million to settle allegations the company violated the False Claims Act by applying diversity hiring policies in federal contracts.
trump administration
Posted inRegulatory Enforcement
SEC enforcements dropped in 2025
The Securities and Exchange Commission (SEC) pursued fewer enforcement actions in 2025—an intentional outcome, the commission said.
Posted inFinancial Services
FinCEN proposes overhaul AML rules, would end 2024 risk assessment requirements
A rule overhaul proposed by the U.S. Treasury Department’s Financial Crimes Enforcement Network is designed to reduce compliance burden and would free up banks from tracking all but the most egregious illicit financial activities.