Three men, including a father-and-son duo, were criminally charged on Monday with orchestrating a market manipulation scheme that briefly caused the owner of a tiny New Jersey deli to have a more than $100 million market valuation. Peter Coker Sr, 80, Peter Coker Jr, ...Read More

Eleven of the world’s largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees’ use of messaging applications that broke record-keeping rules, regulators said Tuesday. The firms include brokerage units of Bank of America Corp., Barclays PLC,  Citigroup, Credit ...Read More

As a follow up to President Biden’s Executive Order on March 9 that asked various federal agencies to issue official reports that examine the risks and benefits of cryptocurrencies, the White House this week released a proposed framework for the development and regulation of digital assets. The framework ...Read More

The U.S. Securities and Exchange Commission (SEC) on Thursday sued two crypto advisory firms and their owner for allegedly misappropriating investors’ funds that they had pledged to invest in digital assets. The charges, filed in the federal district court in Manhattan, allege that Creative ...Read More

A new expert on corporate compliance programs will be joining the Fraud Section of the U.S. Department of Justice (DOJ), bringing a wealth of compliance experience that will be used to scrutinize (and, where appropriate, criticize) the compliance programs of companies under investigation by ...Read More

Even as we continue to navigate this strange year, it pays to take a closer look at your company’s compliance priorities to ensure they still align. There’s no denying that the business world is dynamic and ever-changing. Between the evolving and ongoing pandemic, its ...Read More

California’s attorney general filed a lawsuit against Amazon Wednesday, alleging that the retail giant is violating the state’s antitrust and unfair business practices laws by illegally using its dominance to stomp out competition in the online retail market. In an 84-page civil complaint, the state’s top law ...Read More