Senator John Kennedy (R-LA) introduced the "Protecting Investors' Personally Identifiable Information Act." The legislation would exclude personally identifiable information from Consolidated Audit Trail reporting requirements.
The hullabaloo surrounding the run-up in the price of GameStop and the activities of Robinhood Markets, Inc. have generated front page news, calls for action, and allegations of wrongdoing.
An Ecuadorian businessman settled DOJ charges of bribing then-public officials of Ecuadorian state-owned oil company Empresa Pública de Hidrocarburos del Ecuador.
In the U.S. District Court for the Southern District of New York, a pair of affiliated interdealer brokers settled CFTC fraud charges related to fictitious bids that had not been made and reported trades that had not occurred.
The CFTC filed charges against five entities and three individuals for owning and operating an unregistered platform for the trading of derivatives on cryptocurrencies.
OFAC designated a Chinese company and two individuals to the Specially Designated Nationals and Blocked Persons List. The designations were linked to human rights abuse in the Xinjiang Uyghur Autonomous Region.
The DOJ issued updated guidance to prosecutors regarding how to evaluate the compliance programs of corporations undergoing a criminal investigation or prosecution.
In a briefing before the Energy and Environmental Market Advisory Committee, the CFTC's Market Intelligence Branch concluded that "the derivatives markets appear resilient in the face of lower liquidity and historic volatility and volume."
In a new report on the Small Business Administration 7(A) Loan Guaranty Program, the Congressional Research Service summarized pending legislation to assist small businesses adversely affected by COVID-19.
OFAC designated a subsidiary of a Russian state-controlled oil company for "operating in the oil sector of the Venezuela economy." In addition, OFAC amended several general licenses and two FAQs.
A Miami-based Ecuadorian citizen pleaded guilty to DOJ charges of bribery and money laundering involving public officials at a state-owned and state-controlled oil company in Ecuador.
The SEC charged an entity and several associated individuals with misleading 100 investors - most of whom were seniors - resulting in $4.9 million in losses.
The organizers of an allegedly unregistered offering of digital asset securities settled SEC charges of defrauding investors out of millions of dollars.
