Commentary by Ilan T. Graff
A UK-based audit firm agreed to pay a $100 million penalty after a number of its audit professionals were found to have improperly shared answers on the ethics component of the Certified Public Accountant exam and other certification examinations.
The SEC Division of Corporation Finance granted a Sweden-based tobacco company no-action relief from SEA Rule 14e-1(c)-(d) and Rule 14e-5.
The CFPB issued an interpretive rule clarifying state authority to protect residents through the issuance and enforcement of fair credit reporting laws.
OFAC sanctioned additional individuals and entities in an effort to "strike at the heart of Russia's ability to develop and deploy weapons and technology used for Vladimir Putin's brutal war of aggression against Ukraine."
FinCEN and the Department of Commerce Bureau of Industry and Security alerted financial institutions of potential attempts to evade Russia and Belarus export controls.