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By Maria Dinzeo | July 18, 2024
Julie Glynn is boomeranging back to FINRA, where she spent seven years as an enforcement attorney before joining the banking giant in 2011.
3 minute read
By Nikolas S. Komyati, Fruqan Mouzon, Joanna Scotti and Wendy Xia | July 16, 2024
"Rescheduling marijuana to Schedule III could reduce some criminal penalties and allow marijuana businesses to take federal tax deductions," write Fox Rothschild's Nikolas S. Komyati and Fruqan Mouzon.
8 minute read
By Maydeen Merino | July 11, 2024
The law firm Cleary Gottlieb Steen & Hamilton released an independent report in May on the FDIC, finding that the agency failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct. Last month, Goldsmith Romero was nominated to succeed Martin Gruenberg, who has come under fire for the FDIC's reportedly toxic work culture.
4 minute read
By Andrew Michaelson, J.C. Boggs, Dan Kahan, Luke Roniger and Ryan Hollands | July 11, 2024
"While this is the first time a major piece of crypto legislation has cleared either chamber of Congress, the bill's future in the Senate is unclear," write King & Spalding attorneys.
10 minute read
By Kat Black | July 11, 2024
In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most of the claims made against London-based HSBC Holdings, HSBC entities HSBC USA (HUSI) and HSBC UK (HBUK), current HBUK employee and former SVB senior executive David Sabow and six former SVB employees.
4 minute read
By Bruce J. Bergman | July 2, 2024
While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
9 minute read
By Abigail Adcox | June 27, 2024
The firm's D.C. office, with about 188 lawyers now, is now being led by Andrew Olmem, co-leader of Mayer Brown's financial services, regulatory and enforcement practice.
4 minute read
By Justin Henry | June 27, 2024
Structured finance has moved beyond mortgage-backed securities and into the broader economy. As a consequence, "leveraged finance lawyers need to understand structured finance and structured finance lawyers need to understand leveraged finance," said attorney Michael Urschel, who arrived from Milbank last month.
6 minute read
By Michael A. Mora | June 26, 2024
Victims, who were further exploited by fictitious law firms, reported losses totaling nearly $10 million between February 2023 and February 2024.
3 minute read
By Mason Lawlor | June 26, 2024
On May 10, Financial Business and Consumer Solutions began sending the affected plaintiffs a notice letter which said "an unauthorized third party gained access to a small number of Truist employee accounts."
3 minute read
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