Justice Department Principal Deputy Associate Attorney General Claire McCusker Murray spoke at CW’s annual conference on how the agency’s Civil Division seeks to motivate compliance.
Companies House recently unveiled a substantial package of reforms that will do more to safeguard the personal data of business owners in an effort to offer U.K. companies greater protection from fraud.
Is there a better way for bank regulators to conduct their supervisory and remediation processes? Congress’ GAO developed a rundown of suggestions and best practices in a report released this week.
An initiative to strengthen and enhance the California Consumer Privacy Act was basically left for dead in that state’s legislature.
The SEC has approved a new national securities exchange committed to long-term investing.
Two advocacy groups are suing the Trump administration and CFPB for failing to disclose data on lending to women-owned, minority-owned, and small businesses.
SARs and due diligence are cited as effective tools for avoiding virtual currency malfeasance, says the Financial Crimes Enforcement Network.
The SEC has proposed a package of rule amendments and guidance for improving the regulation of cross-border swaps transactions.
The Securities and Exchange Commission has voted to propose amendments to the accelerated filer and large accelerated filer definitions.
New Justice Department guidance details how companies can be rewarded for assisting in a False Claims Act investigation, but it includes some caveats.
Under a new rule enacted by the Department of Health and Human Services, pharmaceutical companies will soon be required to disclose in television commercials the price of their prescription drugs that cost more than $35 per month.
Proposed regulations to renew the Fair Debt Collection Practices Act include unlimited texting and e-mail in collection efforts.
The Protections in Consumer Lending Act is intended to protect against discrimination when consumers apply for different types of credit.
The FTC has announced the completion of its review of the Holder in Due Course Rule (Holder Rule), a protection for consumers who purchase goods and services using credit obtained through a merchant or by a lender who works with a merchant.
The SEC has proposed steps to improve the information investors receive regarding the acquisition and disposition of businesses.
Former CFTC Commissioner Bart Chilton, who died last month, struck more a figure of a rock star than a regulator.
The Commodity Futures Trading Commission on April 29 issued a proposed rule to amend certain regulations that apply to derivatives clearing organizations (DCOs) under Part 39 of the CFTC’s regulations. Part 39 implements the statutory core principles for DCOs.
The Commodity Futures Trading Commission approved a proposed rule to improve the quality of swap data and update and streamline regulations related to swap data repository operations and governance.
Post-Brexit, FCA Chief Executive Andrew Bailey says the U.K. agency will take a “lower burden” regulatory approach than that of the European Union.
The Trump administration is trying a new strategy to seize control over independent agencies’ rulemaking processes and the guidance they issue.
In its first-ever filing with the SEC, ride-sharing company Uber discussed its bribery and corruption risks, including an ongoing investigation by the Department of Justice into potential violations of the Foreign Corrupt Practices Act.
The Federal Reserve Board is seeking public comments on a regulatory framework that would more closely match the rules for foreign banks with the risks they pose to the U.S. financial system.
Top officials at the SEC shared their agendas and future priorities at the recent SEC Speaks conference. Chairman Jay Clayton gave “a look at the SEC through the eyes of management,” and Commissioner Elad Roisman spoke of “encouraging smaller entrants to capital markets.”
Sen. Elizabeth Warren (D-Mass.) has introduced one bill and reintroduced another seeking to hold executives of large corporations criminally responsible when their companies repeatedly violate federal law.
President Trump will nominate Allison Herren Lee, of Colorado, to serve at the SEC. Lee, a Democrat, would fill the seat vacated by Kara Stein, restoring the five-member Commission to full strength.
The Federal Trade Commission has sent letters to jewelry marketers warning them that some of their advertisements for jewelry made with simulated or laboratory-created diamonds may be in violation of the FTC Act.
The Securities and Exchange Commission recently adopted new rules that permit registrants to file redacted material contracts without applying for confidential treatment, provided the redacted information is not material and would be competitively harmful if publicly disclosed.
Executive coach Amii Barnard-Bahn tackles your questions on compliance training, conducting an ethics health check, and more.
The SEC and the United Kingdom’s Financial Conduct Authority have reaffirmed their commitment to cooperation and information sharing, even after the latter withdraws from the European Union.
The Department of Housing and Urban Development is charging Facebook with violating the Fair Housing Act by “encouraging, enabling, and causing housing discrimination through the company’s advertising platform.”
A report by the Government Accountability Office finds that the FTC and CFPB have oversight and enforcement shortcomings when it comes to credit reporting agencies.
The Department of Justice in recent months has made several notable revisions to its FCPA Corporate Enforcement Policy surrounding M&A, messaging apps, and much more.
The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness has entered the fray over potential reforms to the timing and substance of corporate disclosures. Its pitch: a centralized “company file” to replace the current process for delivering investor information.
CFPB Director Kathleen Kraninger has reinstated the agency’s consumer advisory boards. It is currently accepting applications for members to serve on those boards, which were disbanded last year by her predecessor.
The SEC is pitching rule amendments to improve access to capital and investor communications by business development companies that typically invest in small and developing companies and registered closed-end funds.
The SEC has adopted amendments to Regulation S-K disclosure requirements and MD&A filings that are intended to improve the readability of company disclosures and to discourage repetition and immaterial information.
The Federal Trade Commission, increasingly faced with incomplete information and blown deadlines, is laying down the law when it comes to post-settlement compliance reports.
Facebook will pay $5 million and implement a series of anti-discrimination policies to settle a lawsuit brought against it by national fair-housing advocates.
Even with clear-cut expectations, audit firms still find new and unique ways to run afoul of the SEC’s independence rules. Among the culprits: the money-making potential of non-audit services.
With a January 2020 deadline just 10 months away, only 14 percent of companies report they are compliant with the California Consumer Privacy Act. Nearly half have not yet started implementation, says a new survey from TrustArc.
As EU whistleblower protections inch closer, Neil Hodge provides an in-depth look at exactly what they will cover.
Proposed rulemaking to ease the compliance burden of the Dodd-Frank Act’s controversial Volcker Rule might not be enough to appease everyone.
The FSOC has released proposed interpretive guidance regarding nonbank financial firm SIFI designations. It would implement an “activities-based approach” to identifying potential risks to financial stability and provide an “off-ramp” to designated firms.
A new report from U.K. organization paygaps.com says that compliance with gender pay regulations and guidance is still very weak.
The Federal Trade Commission is seeking public comment on proposed amendments to rules under the Gramm-Leach-Bliley Act that protect the privacy and security of customer information held by financial institutions.
Congressional Democrats have introduced legislation to create a new tax on stock transactions that they say “would generate billions in revenue” while addressing economic inequality and volatility in the market.
The FDA is escalating a “forceful” crackdown on retailers and manufacturers that sell nicotine-based products to minors. Among the companies in its crosshairs: Walgreens.
While U.S. companies in particular are backing the new United States-Mexico-Canada Agreement, there are some hang ups that make it no shoo-in for ratification by each of the three countries.
The Council of Institutional Investors is expressing “deep concern” about Lyft’s initial public offering filing, because it implemented a dual-class share structure lacking “sunset provisions to unwind it within a reasonable time period.”
With an eye toward improving data management and cyber-security oversight, the SEC has approved changes to the submission deadlines for registered investment companies filing non-public monthly reports.