By Brad Kutner | July 14, 2023
"Regulation by enforcement has worked for them so far but now they have a decision against their main theories," said Winston & Strawn senior associate Thania Charmani.
By ALM Staff | July 12, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
By Brad Kutner | July 10, 2023
The new team has been assembled as claims about alleged greenwashing, from shareholders in securities claims to false claims in "green" products, are on the rise.
By Jonathan B. New, Patrick T. Campbell, James A. Sherer and Luke E. Record | July 10, 2023
Regulators increasingly are scrutinizing employee use of personal devices and third-party messaging apps. This article summarizes the DOJ's recent guidance and the SEC's enforcement trends and priorities in this area, and it provides information governance best practices companies can implement now to ensure they are meeting regulators' expectations and recordkeeping rules.
New York Law Journal | Commentary
By Ernest Edward Badway | July 7, 2023
Ernest Edward Badway, partner at Fox Rothschild and former SEC Enforcement attorney, discusses the U.S. Securities and Exchange Commission's attitude toward defense lawyers in its enforcement investigations, its background, and a potential solution.
By Jane Wester | July 6, 2023
Teladoc, represented by attorneys at Paul, Weiss, Rifkind, Wharton & Garrison, argued that the virtual health care company was transparent about the "risks and challenges" of the deal.
By Brad Kutner | July 6, 2023
"These enforcement actions therefore present an issue—what it means to be a 'dealer' under the Exchange Act—of critical importance to our nation's financial industry and securities markets," argued Gibson, Dunn & Crutcher partner Helgi Walker.
By Michael A. Mora | July 6, 2023
"What we see lately is more of an effort to buy those local businesses by out-of-state people, who are actually moving here or temporarily moving here, for ulterior motives, with no intentions of growing roots here," said Jorge Piedra, a partner at Kozyak Tropin & Throckmorton.
The Legal Intelligencer | Commentary
By Edward T. Kang and Kandis L. Kovalsky | July 6, 2023
Courts will likely be grappling with questions regarding cryptocurrency for years to come—with the results from the suits against Binance and Coinbase potentially serving as guiding precedent in answering those questions.
Daily Business Review | Commentary
By Scott Silver and David R. Chase | July 6, 2023
In late December 2022, President Joe Biden signed into law the AML Whistleblower Improvement Act that substantially ups the ante for both domestic and overseas financial services companies that have AML compliance and reporting obligations, including banks, branches, and agencies of foreign banks, securities broker-dealers, and insurance companies.
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