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SEC Issues $6.75M Fine Against Financial Firm Led by Trump's Choice to Lead Commerce Dept.
The SEC said two Cantor Fitzgerald-controlled blank check companies failed to inform investors of ongoing talks with acquisition targets before going public.
Auto Dealer Software Upstart Accuses Entrenched Competitor of 'Attempted Monopolization'
"It is unfortunate Tekion has resorted to using a legal filing as a marketing stunt in an attempt to bypass contractual terms and industry practices, but we are confident our industry will see this for what it really is," CDK Global stated.
As Costs and Workloads Mount, Law Departments Turn to Tech and Workflow Overhauls
Legal spending is expected to grow from last year. About 65% of respondents in a Harbor survey anticipate an increase in in-house spending, while 58% foresee a rise in outside counsel spending.
CFPB Orders Big Banks to Limit Overdraft Fees to $5. But Will Its Edict Stick?
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming Trump administration.
FTC, DOJ Withdrawal of Antitrust Guidelines for Collaboration Infuriates Republicans
"The Majority had four years to address its concerns with the Collaboration Guidelines—now is not the time," wrote Republican FTC Commissioner Melissa Holyoak.
As AI-Generated Fraud Rises, Financial Companies Face a Long Cybersecurity Battle
The use of generative AI to create highly realistic synthetic video, audio, photos or text to circumvent security measures installed by financial services is on the rise and threatens to cost companies billions of dollars, according to an alert recently issued by the U.S. Department of the Treasury's Financial Crimes Enforcement Network.
Senate Panel Postpones Vote on Reconfirmation of Democrat Crenshaw to SEC
Absent Crenshaw's reconfirmation, Trump would be able to nominate her successor. That selection would have to be a Democrat as the five-member SEC may have no more than three Republican commissioners during a GOP presidential administration.
SoundCloud GC Takes Legal Reins of Condé Nast at Tumultuous Time
Antonious Porch joins the magazine giant after helping guide the music-recognition app Shazam to a $400 million sale and helping the music-sharing platform SoundCloud turn profitable.
Visa CLO-Turned-Vice Chair Seeing Payoff From Expanded Role
Kelly Mahon Tullier is among a legion of U.S. executives in recent years who have used their legal chief posts as a springboard to broader roles.
Trump Names FTC Chair Who's Been Thorn in Side of Lina Khan
President Donald Trump said Andrew Ferguson "has a proven record of standing up to Big Tech censorship. and protecting Freedom of Speech in our Great Country."Trending Stories
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