The Commodity Futures Trading Commission has awarded nearly USD200 million to a whistleblower whose 'specific, credible, and timely original information' significantly contributed to an already open investigation and led to a successful enforcement action, as well as to the success of two related actions, by a US federal regulator and a foreign regulator.
Law firm of Kirby McInerney partner Randall Fox has been named the 2021 “Lawyer of the Year” by the Taxpayers Against Fraud Education Fund (TAFEF), a public advocacy group for whistleblowers.
The Commodity Futures Trading Commission has issued an order simultaneously filing and settling charges against UBS AG, a provisionally registered swap dealer, for failing to retain certain audio recordings for the time required under CFTC regulations.
CFTC orders Citibank and Citigroup Global Markets Limited to pay USD1m penalty for swap data reporting violations
The Commodity Futures Trading Commission has filed and settled charges against Citibank, NA and Citigroup Global Markets Limited (collectively, Citi), two provisionally registered swap dealers, for failing to comply with certain swap dealer requirements for reporting Legal Entity Identifier (LEI) information to a swap data repository (SDR) and related supervision failures.
Whistleblower lawyers from Kohn, Kohn & Colapinto and the National Whistleblower Center have submitted comments for a proposed rule change to the SEC Whistleblower Program. The final vote on the rules is set for September 2021.
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), has revealed that the SEC is reviewing its whistleblower programme.
By Bao Nguyen, Nick Tootle and Stephen Ng (pictured) – With a new administration in office, an evolving regulatory landscape, and tax changes potentially on the way, investment funds should be proactive about watching for any shifts in tax policy or compliance requirements that might impact future planning.
By A Paris — From the appeal of no income tax, to the supportive business community and the weather and lifestyle it offers, Florida has continued on its upward trajectory as an attractive location for financial and technology firms.
Institutional investors in the US are increasingly planning to adopt ESG in their portfolios, swayed by recent evidence of sustainable investments’ outperformance.
Exchange Data International (EDI) has welcomed the SEC's approval of the New Issue Database for US Corporate Bonds, an initiative it believes will promote transparency in the US corporate bond market.