Monthly Archives: October 2021

Global Regulators Back Tougher Rules to Prevent Criminals From Using Crypto – WSJ

The task force called on governments to broaden regulatory oversight of crypto firms and force more of them to take measures such as checking the identities of their customers and reporting suspicious transactions to regulators. The FATF’s guidelines don’t have the force of law, and would need to be implemented by national regulators in each country. Still, the Paris-based group…

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Federal Judges Would Face Tougher Stock-Trading Rules Under Bipartisan Bill – WSJ

Federal judges would be required to report stock trades over $1,000 within 45 days and post their financial-disclosure forms online under legislation proposed by a bipartisan group of lawmakers in the Senate and House of Representatives. The two bills were drafted by both Democrats and Republicans in response to a Wall Street Journal investigation finding 131 federal judges violated federal…

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Fed Imposes New Restrictions on Officials’ Investment Activities – WSJ

Federal Reserve Chairman Jerome Powell imposed sweeping personal-investing restrictions on senior officials in a bid to address a stock-trading controversy that prompted the resignation of two reserve bank presidents and hurt his prospects of being reappointed to lead the central bank next year. The Fed on Thursday said the new rules will restrict senior officials’ trading to broad-based investment vehicles…

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Former Southern District Prosecutor Sarah Krissoff Joins Day Pitney’s White Collar Practice in New York | Day Pitney LLP

Sarah Krissoff has joined Day Pitney as a partner in the firm’s Government Enforcement and White Collar Criminal Defense practice. Previously, she served with distinction for over a decade as an Assistant U.S. Attorney in the U.S. Attorney’s Office for the Southern District of New York. She is based in the firm’s New York office. Source: Former Southern District Prosecutor…

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