OFAC sanctioned an international network of individuals and entities for involvement in the procurement of "critical" materials for Iran’s nuclear program.

A former portfolio manager settled CFTC charges for fraudulently mismarking swap valuations to increase his bonus.

OFAC designated two militia figures and two former Iraqi governors for human rights abuses and corruption that targeted persecuted religious communities in Iraq.

FINRA provided guidance for broker-dealers on (i) compliance with its private placement rules and (ii) filing requirements for public offerings.

CFTC Chair Heath P. Tarbert announced significant appointments.

Cabinet "Alerts" is an effective tool for tracking practice-specific regulatory and market developments.

Members of the U.S. House Committee on Financial Services considered testimony on the potential impact of Facebook's proposed cryptocurrency on consumers, investors and the global financial system.

A Facebook executive agreed to work with the IRS to improve regulations on digital currency transactions.

The American Banking Association, SIFMA and the Institute of International Bankers proposed revisions to a Federal Reserve Board proposal to modify its regulations for determining "whether a company has the ability to exercise a controlling influence" on another company.

In anticipation of clarifying the treatment of qualifying foreign excluded funds under the Volcker Rule, banking agencies will not take action against foreign banking entities for a two-year period ending on July 21, 2021.