Editor's Blog
Four Strategic Ways AI Can Strengthen Your AML Program
GUEST BLOG POST Money laundering facilitates crime, threatens our national security, distorts markets, and has a devastating economic and social...
Research Digest
SEC Sets Record Year in Enforcement with $8.2 Billion in Fines
T he Securities and Exchange Commission announced that it filed 583 total enforcement actions in fiscal year 2024, while obtaining...
Insight 360°
Managing Compliance in a Remote Work Environment
W e all know about the great migration to "work from home" that occurred during COVID-19 pandemic starting in 2020...
Featurednews
SEC Withdraws Defense of Climate Disclosure Rules
The Securities and Exchange Commission announced, in a letter to the Eighth Circuit court, that it has voted to no longer defend rules requiring companies to disclose climate-related risks, greenhouse gas emissions, and their impact on business operations. The original rules requiring sch disclosure was adopted last year under the
Jacob Horowitz
March 28, 2025
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FINRA Fines Brokerage Firm and Suspends Its CCO For Compliance Failures
The Financial Industry Regulatory Authority announced that it fined broker-dealer United First Partners (UFP) and suspended its chief compliance officer for allegedly failing to implement an adequate supervisory system designed to supervise the firm’s outside brokerage accounts. UFP’s primary business is providing brokerage and research services to institutional customers. As
OCC Eliminates Reputation Risk Examinations for Banks
The Office of the Comptroller of the Currency announced that it will no longer examine banks for reputation risk and is removing references to reputation risk from its Comptroller’s Handbook booklets and guidance issuances. This move comes at a time in which the OCC has received complaints about the examination’s
Uyeda Announces Plan to Reshape SEC Rulemaking
Securities and Exchange Commission Chair Mark Uyeda announced the implementation of a “blueprint” designed to slow the Commission’s rulemaking process while improving cost efficiency. Such a “blueprint” entails longer comment periods as well as the rejection and reduction of rules proposed under the leadership of former SEC chair, Gary Gensler.
