FINRA proposed extending the effective date of temporary amendments to provide the FINRA staff with short-term relief from certain enforcement and other procedural requirements while operations are impacted by COVID-19.
The CFTC Division of Enforcement "set forth" guidance for staff to consider when recommending civil monetary penalties in an enforcement action. The guidance will be included in the CFTC Enforcement Manual.
The Congressional Research Service examined the potential implications for the SEC if the Supreme Court limits or eliminates the agency's use of disgorgement to recover money from violators of federal securities laws.
The House Financial Services Committee voted to send to the full House of Representatives a bill that would increase the potential civil monetary penalty amounts that the SEC is authorized to obtain in certain enforcement actions.
U.S. Assistant Attorney General Brian A. Benczkowski advocated for policies that facilitate the cross-border transfer of critical information among law enforcement agencies investigating multinational criminal cyber networks.
A New York State Senator introduced legislation that would (i) prohibit law enforcement from using biometric surveillance technology and (ii) create a task force to evaluate whether such technology could be used in the future.