On June 21, 2018 the U.S. Supreme Court ruled in Lucia et al. V. Securities and Exchange Commission, that the appointment of certain
On June 8, 2017, the House of Representatives passed, by a 233-186 vote (with all Democrats and one Republican voting against), the Financial CHOICE
On March 16, Congressmen Darrell Issa (R-Calif.) and Jared Polis (D-Colo.) introduced the Financial Transparency Act of 2017 (H.R. 1530), a
Since January 20, there has been a flurry of activity at the White House affecting the regulation of financial services, including the issuance of
Dodd-Frank Act reform was one of President Trump’s campaign promises, as he considered it a restraint on credit availability and, thus, a drag on
On February 3, 2017, President Trump signed two executive actions intended to provide a framework for scaling back the Dodd-Frank Act (“Dodd-Frank
The global standard-setter on AMLCTF, the Financial Action Task Force (FATF) held its recent plenary meeting in Busan, Korea. Coverage included the
Starting August 1, violations of financial regulations will come with higher civil money penalties (CMPs). The CMP increases are in response to the
The Dodd-Frank Wall Street Reform and Consumer Protection Act requires or authorizes various federal financial regulators to issue hundreds of rules to implement reforms intended to strengthen the financial services industry.
On May 25, 2011, by a three-to-two vote of its commissioners, the Securities and Exchange Commission (the “Commission”) adopted final rules implementing the whistleblower provisions of Section 21F of the Securities Exchange Act of 1934 (as amended, the “Exchange Act”).