All United States articles
-
ArticleRoundup: Goldman Sachs, Citi, Robinhood disclose regulatory investigations
Goldman Sachs Group, Citigroup, and Robinhood Markets each issued quarterly filings disclosing regulatory investigations they are respectively facing into varied business practices.
-
Article
Albemarle in settlement talks with SEC, DOJ over FCPA violations
Chemical company Albemarle Corp. has entered settlement talks with the Securities and Exchange Commission and Department of Justice regarding potential violations of the Foreign Corrupt Practices Act.
-
Article
Crypto regulation back in spotlight after SEC securities claims
The Securities and Exchange Commission’s move to classify nine cryptocurrencies as securities as part of insider trading charges it brought against a former Coinbase manager has touched a nerve with other regulators, particularly the Commodity Futures Trading Commission.
-
Article
Blackstone names CCO for secured lending, private credit funds
Blackstone announced the appointment of William Renahan to chief compliance officer for its secured lending and private credit funds.
-
Article
Surgalign to pay $2M to settle accounting fraud charges
Medical implant manufacturer Surgalign will pay a $2 million penalty handed down by the SEC and recoup nearly $600,000 in incentive-based compensation from four senior executives who allegedly manipulated the company’s financial statements.
-
Article
Proposed NIST cybersecurity guide incorporates HIPAA Security Rule
The National Institute of Standards and Technology is seeking comment on proposed guidance intended to help healthcare organizations that fall under the regulatory umbrella of the Health Insurance Portability and Accountability Act’s Security Rule.
-
Article
Bain banned from U.K. government contracts over South Africa corruption scandal
Global management consultancy Bain & Co. was barred from competing for U.K. government contracts for three years following its role in a corruption scandal involving South Africa’s national tax offices.
-
Article
Wells Fargo confirms DOJ probe into diversity hiring practices
Wells Fargo disclosed in a regulatory filing the Department of Justice has opened an investigation into the bank’s “hiring practices related to diversity.”
-
Article
SEC: Adherence to Reg BI should be embedded in compliance culture
Staff at the Securities and Exchange Commission warned investment advisers and broker-dealers they must continually identify, mitigate, and disclose all conflicts of interest regarding advice they make to retail investors to remain in compliance with Regulation Best Interest.
-
Article
OFAC designates steel giant MMK in latest Russian sanctions
The Office of Foreign Assets Control designated Magnitogorsk Iron and Steel Works, one of the world’s largest steel-producing companies, as part of its latest round of sanctions against Russia in response to the country’s invasion of Ukraine.
-
Article
MUFG appoints chief risk officer for American subsidiaries
Mitsubishi UFJ Financial Group, the largest bank in Japan, announced the appointment of Denis McHugh as chief risk officer for MUFG Securities Americas and market risk management officer for MUFG Americas Holdings, effective Aug. 30.
-
Article
Synovus Financial appoints chief risk officer
Synovus Financial announced the appointment of Shellie Creson as chief risk officer.
-
Article
Centivo adds general counsel
Centivo, a health plan for self-funded employers, announced the appointment of Tara Johnson as general counsel.
-
Article
SEC appoints Anthony Thompson to second term on PCAOB
The Securities and Exchange Commission announced the appointment of Anthony Thompson to a second term on the Public Company Accounting Oversight Board.
-
Article
Robinhood Crypto fined $30M for AML, cybersecurity failures
Robinhood Crypto agreed to pay a $30 million fine to the New York State Department of Financial Services for “significant failures” in its Bank Secrecy Act/anti-money laundering and cybersecurity compliance programs.
-
Article
FanDuel promotes CCO to chief legal, compliance officer
Online gaming company FanDuel announced the promotion of Carolyn Renzin to chief legal and compliance officer.
-
Article
Judge: Ex-JPMorgan compliance exec’s retaliation claims credible for trial
A jury could conclude allegations made by a former JPMorgan Chase compliance executive who said she was fired for blowing the whistle have merit, a federal judge ruled.
-
Article
U.S. Bank fined $37.5M over fake accounts scheme
U.S. Bank agreed to pay a $37.5 million fine and to return fees charged to customers related to the bank’s alleged opening of accounts and access of credit reports without their permission, the Consumer Financial Protection Bureau announced.
-
Article
Warner Bros. Discovery names chief global DEI officer
Warner Bros. Discovery announced the appointment of Asif Sadiq as chief global diversity, equity, and inclusion officer.
-
Article
DermTech appoints chief compliance officer
Biotechnology research firm DermTech announced the appointment of Jennifer Eilemberg as chief compliance officer.
