AlixPartners, the global consulting firm, today announced that David Makol has joined the firm, expanding its Investigations, Compliance & Privacy practice. David brings 25 years of experience investigating complex securities frauds, including financial frauds, securities transactions, insider trading, market abuse, cyber hacking, and other violations of the federal securities laws related to trading and financial reporting. Source: AlixPartners welcomes top…
The U.S. Securities and Exchange Commission has lost 16% of its workforce since this time last year, two sources briefed on the matter said, leaving Wall Street’s top regulator with gaps across key divisions at a time of market turmoil. Most of those staff members left since February when more than 600 accepted Trump administration offers to resign and retire…
Eric Bustillo has arguably seen more fraud committed by more people than anyone else in South Florida. He has investigated and prosecuted hundreds of scoundrels, including a University of Miami booster and Ponzi schemer who hawked bogus investments in a grocery business as well as a Fort Lauderdale company that sold billions of dollars in dubious life insurance policies belonging…
President Donald Trump said he would “absolutely” sign a bill banning congressional stock trading, saying he was concerned lawmakers could be using insider information for an advantage. “I would be okay with it,” Trump said in an interview with Time Magazine that published Friday. “If they send that to me, I would do it.” There has long been some bipartisan…
Republican lawmakers are planning to shut down the US audit regulator, which was founded in the wake of the Enron scandal more than two decades ago, as part of a reform package designed to deliver Donald Trump’s deregulatory agenda. The proposal to eliminate the independent Public Company Accounting Oversight Board was published late on Friday by the leadership of the…
The US Securities and Exchange Commission has “ample room to maneuver” in regulating digital assets even without congressional action, Chairman Paul Atkins said Friday.Paul Atkins at his swearing-in ceremony this week. The remarks by the agency’s new head at a crypto event in Washington come while Congress is debating the contours of a market structure bill for digital assets that…