I decided at the last minute not to attend Securities Enforcement Forum D.C. in person this year. I was all flown out from recent trips and had another trip planned for later in the week to Ohio State. I was a bit concerned about D.C. disruptions no matter the outcome of the election and seriously marveled at Bruce’s bold move…
Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Kirkland & Ellis partner Norm Champare among contenders to replace Gary Gensler as chair of the US Securities and Exchange Commission, according to people with knowledge of the matter. Robinhood Markets Inc. legal chief Dan Gallagher, current SEC Commissioner Mark Uyeda and Heath Tarbert, a former chairman of the…
Spanish telecom company Telefónica has agreed to pay more than $85.2 million to resolve an investigation into an alleged scheme to bribe Venezuelan officials to obtain preferential access to U.S. dollars, the Justice Department said. A Telefónica subsidiary entered into a settlement with federal prosecutors filed in U.S. court in Manhattan on Friday. The agreement charges the subsidiary with conspiring…
Corporate attorney Jay Clayton, former head of the U.S. Securities and Exchange Commission during Donald Trump’s presidency, is in talks for several potential roles in a second Trump term, several sources familiar with the matter said. Clayton, who came into government in 2017 as a political independent and veteran of law firm Sullivan & Cromwell, is seen as a contender…