SEC

The Securities and Exchange Commission charged the former CEO of a real estate investment business with defrauding approximately 200 investors out of at least $46 million through an elaborate “Ponzi-like” scheme. In a parallel action the Department of Justice announced criminal charges in the matter. Read on »

Amid ongoing discussions about housing affordability, federal regulators published information about states where home prices have seen the most significant increases over the past year. Learn more about this and other topics in this roundup. Read on »

As multiple federal agencies announce moves to pull back on certain enforcement activities, some states have indicated they are ramping up efforts to fill the void. Find out about some of these recent developments in this roundup. Read on »

Whistleblowers who aided the Securities and Exchange Commission in laying a “roadmap” for an enforcement action received approximately $6 million in award payments for their help in providing new and useful information to federal examiners, the agency announced. Read on »

The Securities and Exchange Commission voted to end its defense of its rules requiring disclosure of climate-related risks and greenhouse gas emissions, which have been subject to multiple litigation efforts in federal court. Read on »

The Senate Banking Committee voted to advance the Trump administration’s picks to run the Office of the Comptroller of the Currency and the Securities Exchange Commission in a pair of 13-11 party-line votes. Read on »

With the state of the economy and financial regulations representing a significant source of uncertainty, regulatory agencies have taken some steps intended to help institutions understand certain shifts in the policy landscape and offer assistance where possible. Learn more about some of these recent statements and actions from federal agencies. Read on »

The Securities and Exchange Commission dismissed an enforcement action against Coinbase Inc. and Coinbase Global Inc. with prejudice, marking a shift in its approach to supervision of the cryptocurrency sector. Read on »

The Trump administration has made a number of leadership changes and announced the creation of some new offices within existing federal agencies during its first month in power. In this Regulatory Roundup, catch up on some of the changes that have received less attention but provide valuable insight into the administration’s priorities. Read on »

The Securities and Exchange Commission cited multiple failures in LPL Financial LLC’s anti-money laundering program in a cease-and-desist order calling for the investment advisor to pay an $18 million civil money penalty and to make documented improvements to its fraud mitigation policies and procedures. Read on »