Daily Archives: January 25, 2023, 4:08 pm

Silvestre Fontes Named Director of Boston Regional Office

The Securities and Exchange Commission today announced that Silvestre A. Fontes has been named Regional Director of the Boston office, starting next week. John Dugan and Kevin Kelcourse, who have served as Acting Co-Regional Directors, will remain as Associate Regional Directors of the office’s Enforcement and Examinations programs, respectively. Source: SEC.gov | Silvestre Fontes Named Director of Boston Regional Office

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Working From Home? Stay Alert to Avoid Insider Trading or Tipping Liability!

Even when surrounded by the ones we love, it is important to keep confidential information away from them. Others may not realize that they should not trade after overhearing interesting comments—or worse, they may try to listen, intending to trade if they learn something exciting. Working from home increases the threat of “inadvertent tipping,” especially for those who find themselves…

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Former Georgia Supreme Court Chief Justice David Nahmias will join Jones Day as a partner in Atlanta | Jones Day

David E. Nahmias, the former Chief Justice of the Supreme Court of Georgia, United States Attorney for the Northern District of Georgia, and Deputy Assistant Attorney General for the Criminal Division of the U.S. Department of Justice, will join the Firm as a partner based in the Atlanta Office. He will lead the Investigations & White Collar Defense team in…

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Crypto Exchange Kraken Names New Compliance Chief After Months of Searching – WSJ

Cryptocurrency exchange Kraken said it named CJ Rinaldi as its new chief compliance officer, hiring him from rival Blockchain.com, as it continues to revamp its compliance program after a sanctions violation settlement amid increasing regulatory scrutiny of the crypto sector. Source: Crypto Exchange Kraken Names New Compliance Chief After Months of Searching – WSJ

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Greenberg Traurig Adds Veteran Banking Attorney Mark D. Shaffer to its Financial Regulatory & Compliance Practice in New York | Greenberg Traurig LLP

Global law firm Greenberg Traurig, LLP expands its Financial Regulatory & Compliance capabilities with the addition of Mark D. Shaffer as a shareholder in the New York office. He joins from Bank of New York Mellon (BNYM) where he served as chief compliance officer of BNY Trust Company of Canada and BNY Mellon (Toronto Branch), and as a director in…

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SEC Charges Investment Club Manager for Misappropriating Investor Funds

The Securities and Exchange Commission filed fraud charges against Austin D. Ellison-Meade, alleging that he fraudulently raised millions of dollars from investors in an investment club he managed called Baycap.io. According to the SEC complaint, Meade falsely claimed that Baycap.io’s trading strategy was based on a proprietary algorithm Meade developed that could accurately predict stocks that were poised for growth.…

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