Nov. 30 Webcast: Cyber Risk — Insider Threat and Whistleblower Risk Management

Nov. 30 Webcast: Cyber Risk — Insider Threat and Whistleblower Risk Management

November 25, 2022, 10:04 am
Please join Andrew Pak and Luke Tenery for this webcast.
Read More
Securities Enforcement Forum 2022 — Details and Registration Info

Securities Enforcement Forum 2022 — Details and Registration Info

November 14, 2022, 5:16 pm
Full details and registration info for Securities Enforcement Forum 2022 are available here.
Read More
August 9 Webcast: Addressing Digital Asset Integration Risks — From Regulation to Investigation

August 9 Webcast: Addressing Digital Asset Integration Risks — From Regulation to Investigation

July 25, 2022, 12:34 pm
Please join Ayana Murphy, Brad Lohmeyer and Andrew Sotak for this free webcast.
Read More
May 5 Webcast — “Sustainable” Private Equity: An In-Depth Look at ESG Trends and Challenges

May 5 Webcast — “Sustainable” Private Equity: An In-Depth Look at ESG Trends and Challenges

April 28, 2022, 1:50 pm
Please join Rodolfo Araujo, Christopher DeSa, Jessica Monson and Danielle Reyes for this free webcast.
Read More
Crypto: The Wave of the Future or a Giant Ponzi Scheme?

Crypto: The Wave of the Future or a Giant Ponzi Scheme?

February 22, 2022, 11:03 am
Please join Kelsey Hightower, Lee Reiners, Sandra Ro, Anthony Scaramucci, and John Reed Stark for this free webcast.
Read More

ABB Settles SEC Charges that it Engaged in Bribery Scheme in South Africa

By on December 3, 2022, 5:14 pm

The Securities and Exchange Commission today announced charges against global electrification and automation technology company, ABB Ltd, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme in South Africa. The company has agreed to pay a $75 million civil penalty to settle the SEC’s charges. The SEC’s order finds […]

Posted in , | Tagged

Elizabeth Holmes Appeals Theranos Fraud Conviction, Prison Term – Bloomberg

By on December 3, 2022, 2:29 pm

Elizabeth Holmes appealed her criminal fraud conviction, two weeks after she was ordered to serve 11 1/4 years in prison for deceiving investors in her blood-testing startup Theranos Inc. *** Legal experts said her appeal was widely expected and faces long odds because US District Judge Edward Davila went to great lengths to be fair […]

Posted in , | Tagged

AT&T to Pay $6 Million to SEC Over Private Calls to Analysts – Bloomberg

By on December 3, 2022, 2:27 pm

AT&T Inc. agreed to pay a $6.25 million penalty to settle an unusual lawsuit by federal regulators claiming its executives selectively disclosed nonpublic information about the company’s finances to Wall Street analysts. The telecommunications giant won’t admit or deny the US Securities and Exchange Commission allegations under a settlement proposal filed Friday by government lawyers […]

Posted in , | Tagged

Inside Sam Bankman-Fried’s Bahamian Penthouse After FTX’s Collapse – Bloomberg

By on December 2, 2022, 11:51 am

That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask. To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion to Binance, a rival, to buy […]

Posted in , | Tagged

SBF Missed FTX’s Risks – Bloomberg

By on December 2, 2022, 10:53 am

… But it is also bad because FTX was going around misrepresenting how it managed risk. That stuff about a computer that saw everyone’s positions, knew the value of their collateral, and acted instantly to close any positions without a loss to FTX all seems to have been misleading. In fact, FTX apparently managed its most important market risk — Alameda’s […]

Posted in , | Tagged

Former FBI and DOJ Official Amelia Medina Returns to King & Spalding as Partner – King & Spalding

By on December 2, 2022, 9:56 am

King & Spalding announced today that Amelia Medina, who recently served in senior roles at the Federal Bureau of Investigation and the U.S. Department of Justice, has rejoined the firm as a partner in its Special Matters and Government Investigations practice. Source: Former FBI and DOJ Official Amelia Medina Returns to King & Spalding as […]

Posted in , | Tagged

Ex-Theranos President Ramesh “Sunny” Balwani Faces 15 Years in Prison – Bloomberg

By on December 2, 2022, 9:55 am

Ex-Theranos Inc. President Ramesh “Sunny” Balwani should spend 15 years in prison for defrauding investors and patients, prosecutors said. His lawyers countered he should be spared jail entirely. The recommendations were filed at federal court in San Jose, California, one week before Balwani’s sentencing by US District Judge Edward Davila. Last month, the judge handed […]

Posted in , | Tagged

JPMorgan Gold Trader’s Spoofing Wasn’t Illegal, Lawyer Says

By on December 2, 2022, 9:46 am

Former JPMorgan Chase & Co. gold and silver trader Christopher Jordan used a technique known as “spoofing” to gain an edge against high-speed computer algorithms because at the time, there were no rules against it, his lawyer told a federal court jury in Chicago. “Chris traded according to the rules as he understood them, and […]

Posted in , | Tagged ,

Opinion | Blockchains, What Are They Good For? – The New York Times

By on December 2, 2022, 9:45 am

A year ago Bitcoin and other cryptocurrencies were selling at record prices, with a combined market value of around $3 trillion; glossy ads featuring celebrities — most infamously Matt Damon’s “Fortune Favors the Brave” — filled the airwaves. Politicians, including, alas, the mayor of New York, raced to align themselves with what seemed to be […]

Posted in , | Tagged

Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says – WSJ

By on December 2, 2022, 9:41 am

FTX founder Sam Bankman-Fried said he made no effort to manage risk at the digital-asset exchange that filed for bankruptcy in November, part of a blitz of public statements about major oversight failures at the company. “I wasn’t even trying, like, I wasn’t spending any time or effort trying to manage risk on FTX,” Mr. […]

Posted in , | Tagged

Criminal

Global

People

SEC