A broker-dealer firm agreed to settle FINRA charges for failing to perform sufficient background checks on non-registered associated persons.

Duncan Hubbard, a leader in advising financial institutions, funds and alternative lenders on European and U.S. real estate investments and structured finance transactions, joined the Cadwalader partnership.

Cadwalader welcomed new partner Vivian Maese, whose practice focuses on complex strategic and corporate technology transactions within the financial services industry, to the firm's Corporate practice group.

FINRA initiated a new process for reviewing public financial records of candidates proposed to be hired as registered representatives by broker-dealer firms.

FINRA will amend its disclosure review procedure to more effectively assist member firms researching prospective hires as associated persons.

Mark Chorazak joined the firm's New York office as a partner in the Financial Services Group.

Republican members of Congress filed an amicus brief supporting President Donald Trump and Acting CFPB Director Mick Mulvaney in a lawsuit challenging the President's appointment of Mr. Mulvaney as acting head of the CFPB.

The Office of the Comptroller of the Currency made technical changes to the "Background Investigations" booklet of the Comptroller's Licensing Manual.

The Senate Committee on Commerce, Science and Transportation scheduled a confirmation hearing for President Trump's four FTC nominees.

A U.S. District Court judge ruled against Leandra English's request for a preliminary injunction to remove Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau.