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CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of [...]

The Senate has yet to take action on the 21st Century Act (FIT21) (H.R.4763) which passed the House by a comfortable margin of 279-136 on May 22, 2024. FIT21 is [...]

On June 26, 2024, the U.S. Supreme Court held 6-3 in Snyder v. United States that a federal statute, 18 U.S.C. § 666(a)(1)(B), does not criminalize 'gratuities' to state and [...]

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of [...]

Key Points On February 13, 2024, FinCEN issued an NPRM that seeks to include certain investment advisers in the definition of ôfinancial institutionö under the BSA. As described in the [...]

Key Points Last week, the SEC announced settlements with 16 broker-dealers, dually registered broker-dealers and investment advisers, and affiliated investment advisers in connection with their failures to maintain and preserve [...]

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates these stories, but the information contained in them does not necessarily represent the beliefs or opinions of [...]

Summary In 2018, an investment professional sued the firm he co-founded for wrongful termination and federal privacy law violations associated with the former employer's remote accessing into a desktop computer [...]

Key Points On March 1, 2023, the SEC and DOJ filed insider trading charges against a public company executive alleging he traded pursuant to 10b5-1 trading plans he adopted while [...]

In the U.S. House of Representatives, Republicans hold a slim majority and can only afford to lose four votes on the House floor. Therefore, Rep. Patrick McHenry (R-NC), Chair of [...]

Key Points The recent indictment and multiple regulatory enforcement actions brought against a crypto trader alleged to have committed market manipulation highlight the ongoing fractured oversight of the crypto markets [...]

Key Points In the wake of the Supreme Court's 'Bridgegate' decision in Kelly v. United States, a divided panel in the 2nd Circuit reversed its prior decision in United States [...]

Key Points On January 17, 2023, Assistant Attorney General Kenneth A. Polite, Jr. announced revisions to the DOJ Criminal Division's corporate enforcement policy that offer new incentives to self-disclose corporate [...]

This December issue of Crypto Link covers the significant developments surrounding FTX Trading Ltd. (FTX), including its bankruptcy filing and the charges against and arrest of its CEO, Samuel Bankman-Fried. [...]

Key Points On September 15, 2022, Deputy AG Lisa O. Monaco released a Memorandum and provided remarks announcing several DOJ policy changes to prioritize and strengthen the Department's prosecution of [...]

Key Points The United States Court of Appeals for the 2nd Circuit held that Lorenzo did not alter existing case law holding that scheme liability under s. 10(b) of the [...]

Key Points The SEC's Division of Examinations published a risk alert that, in the context of a focus on MNPI, highlighted observed deficiencies related to the use of alternative data [...]

The New Year Brings a New Enforcement Focus on Emerging Technology In 2021, newly confirmed members of the Biden administration set the stage for increased enforcement activity, surging resources to [...]

Key Points The DOJ and CFTC have filed insider trading charges against a Houston-based energy trader for allegedly disclosing confidential information to a third party who then used the information [...]

On August 30, 2021, the Securities and Exchange Commission announced three enforcement actions against registered investment advisers for alleged cybersecurity failures involving cloud-based email systems. All three actions (which were [...]

On July 21, 2021, the Securities and Exchange Commission's Division of Examinations issued a Risk Alert on cross trades and principal transactions.1 The Risk Alert's guidance and warnings were based [...]

On January 1, 2021, Congress passed the National Defense Authorization Act (NDAA). Embedded in the NDAA's more than 1,400 pages is Section 6501, containing significant amendments to Section 21(d) of [...]

In the age of broad corporate teleworking brought on by COVID-19, OCIE of the SEC has observed during recent examinations that investment advisers, broker-dealers and investment companies are subject to [...]

Key Points On May 23, 2019, the Securities and Exchange Commission's (SEC) Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert describing its observations in past examinations of [...]

Key Points SEC ALJs are 'Officers of the United States' within the meaning of the Appointments Clause and therefore must be appointed directly by the SEC. The Court's decision may [...]