Tag: Financial regulations
Australian Financial Services Regulatory Update 2024: Key Changes and Updates
The latest Australian Financial Services Regulatory Update covers a wide range of legal and regulatory developments, financial services litigation, and regulatory enforcement actions. Here are some key highlights:Financial Reporting and Climate-Related Financial Disclosure:
The government...
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-Fried
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-FriedA recent report by a court-appointed bankruptcy examiner has revealed that Sullivan & Cromwell did not overlook any "red flags" indicating misconduct while representing...
CFTC Chair Urges Quick Compliance Settlements
Summary: Acting CFTC Chair Caroline Pham is urging companies with ongoing compliance investigations to submit reasonable settlement offers within two weeks for quick resolution.In a recent move to expedite compliance investigations, Acting Commodity Futures...
Defendants’ Right to Jury Trial in SEC Fraud Cases: SEC v. Jarkesy
Defendants have the right to a jury trial when facing civil penalties for securities fraud, according to the Seventh Amendment. A recent ruling by the U.S. Supreme Court in SEC v. Jarkesy found that...
Understanding Securities Fraud: Everything You Need to Know
Securities fraud is a serious crime that can have devastating consequences for both individuals and the economy as a whole. In simple terms, securities fraud involves the deceptive manipulation of financial markets for personal...