Commentary by Eric Waxman
In Holliday v. Credit Suisse Securities USA LLC, United States District Court for the Southern District of New York Judge George B. Daniels affirmed the dismissal of state law transfer avoidance claims related to a leveraged securities buyout transaction.
FINRA encouraged members to incorporate FinCEN's published Anti-Money Laundering / Combating the Financing of Terrorism priorities into broker-dealer compliance programs.
A CFPB proposal to implement the requirements for small business lending data collection was published in the Federal Register. Comments on the proposal must be received by January 6, 2022.
In a newly published Climate Action Plan, Treasury prioritized adaptation and resilience.
The DOJ established a National Cryptocurrency Enforcement Team to investigate and prosecute criminal activity involving cryptocurrency.