The firm agrees to pay over $151 million for misleading disclosures, fiduciary breaches, and conflicts of interest in multiple enforcement actions. The U.S. Securities and Exchange Commission (SEC)…
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Treasury Sanctions Network Connected to President of Bosnia and Herzegovina
The official has been accumulating wealth through patronage networks. The Department of the Treasury sanctioned an organization and an individual on Wednesday for supporting a patronage network connected…
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USDA and Reinvestment Fund Invest in Healthy Food Access
The initiative supports early-stage food retail projects to strengthen local access to affordable, nutritious foods. The U.S. Department of Agriculture (USDA), in collaboration with the Reinvestment Fund, is…
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House Committee Chair Subpoenas Political Fundraising Website
The committee is investigating possible foreign money laundering. Representative Bryan Steil of Wisconsin, chair of the Committee on House Administration, has issued a subpoena requiring the fundraising website…
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Treasury Sanctions Sudan Leader for Weapons Acquisition
Officials state he was organizing weapons deals for armed forces. The Treasury Department sanctioned Sudan leader Mirghani Idris Suleiman last week, addressing his role in procuring weapons for…
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Treasury Imposes More Hamas-Related Sanctions
The department marks the anniversary of October 7th by sanctioning the terrorist group’s funding network. The Treasury Department imposed sanctions against parts of Hamas’ funding network on Monday,…
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Treasury Sanctions Hezbollah Petroleum Gas Smuggling Network
Five companies and two vessels tied to Hezbollah finance team sanctioned. The Treasury Department announced that it has sanctioned ten entities tied to Hezbollah’s oil and gas smuggling…
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House Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
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Senate Committee Finds SEC and CFTC Oversight of AI Lacking
Their report calls for new standards to mitigate potential harms from machine learning in trading. The Senate Homeland Security and Governmental Affairs Committee (HSGAC) recently released a report…
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Supreme Court Agrees to Nvidia Class Action Appeal
The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
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