The SEC and the European Central Bank entered into a Memorandum of Understanding, setting forth the terms for consultation, cooperation and the exchange of information between the regulators in the oversight of certain security-based swap dealers.
A federal court in the District of Massachusetts authorized the IRS to serve a "John Doe" summons on a Boston-based "digital currency exchanger" seeking information about as yet unidentified U.S. taxpayers who, from 2016 to 2020, conducted at least $20,000 in cryptocurrency transactions.
A bank settled DOJ and SEC charges for Foreign Corrupt Practices Act violations in connection with its use of third-party intermediaries, business development consultants and finders.
The SEC issued a policy statement on EMIR-authorized CCPs seeking to register as, or be exempt from certain requirements applicable to, clearing agencies under SEC requirements.
An investment firm was fined $2.9 billion by several authorities for its failure to (i) properly oversee its operations, (i) maintain internal controls and (iii) conduct proper risk management, with regard to its employees' involvement in improper payments to foreign officials.
The SEC updated its materials for security-based swap dealer registration, including a questionnaire for non-U.S. security-based swap dealers filing a substituted compliance application.
A former executive of a brokerage firm settled SEC charges for illicitly securing business deals with a Malaysian state-owned and controlled investment fund.
