Justice Department Announces Results of Operation Spring Cleaning
Union Leaders Convicted of Racketeering, Fraud, and Embezzlement of Union Dues
CEO of Iran Tech Company Arrested on Federal Charge of Supplying U.S. Equipment to Iran’s Nuclear and Military Establishment
Joint Law Enforcement Effort Disrupts Two Multi-State Drug Trafficking Operations; Nineteen Defendants Charged in Homeland Security Task Force Initiative
Morris County Man Arrested for Kicking and Biting ICE Deportation Officers
Business and Financial
Jan 23, 2017
WASHINGTON—The federal banking agencies fined ServiceLink Holdings, LLC (ServiceLink Holdings), $65 million for improper actions by its predecessor company, Lender Processing Services, Inc. (LPS), which resulted in significant deficiencies in the foreclosure-related services that LPS provided to mortgage servicers. The…
Jan 23, 2017
Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange trading program they sold to investors. According to the…
Jan 18, 2017
Samarco Mineração S.A. (Samarco) and its shareholders, Vale S.A. (Vale) and BHP Billiton Brasil Ltda (BHP Billiton Brasil) have entered into a preliminary agreement with the Federal Prosecutors’ Office in Brazil (Federal Prosecutors) in relation to the Fundão tailings dam…
Jan 11, 2017
The Securities and Exchange Commission has announced its Office of Compliance Inspections and Examinations’ (OCIE) 2017 priorities. Areas of focus include electronic investment advice, money market funds, and financial exploitation of senior investors. The priorities also reflect a continuing focus…
Jan 11, 2017
Broker ITG has agreed to pay more than $24.4 million to settle charges that it violated federal securities laws when it prompted the issuance of American Depository Receipts (ADRs) without possessing the underlying foreign shares. ADRs are U.S. securities that…
Jun 16, 2016
The Federal Trade Commission has announced the agenda and panelists for its upcoming "Something New Under the Sun" workshop in Washington, DC, on June 21, 2016, examining competition and consumer protection issues raised by consumers’ growing use of rooftop solar…
Jun 15, 2016
The Securities and Exchange Commission has proposed rules to modernize the disclosure requirements for mining properties by aligning them with current industry and global regulatory practices and standards. The proposed revisions would update disclosure requirements for mining registrants in Item…
Apr 20, 2016
The Securities and Exchange Commission has issued an order to extend for one year the pilot period of the National Market System Plan to Address Extraordinary Market Volatility, commonly known as the limit up-limit down (LULD) plan. The Commission also…
Apr 7, 2016
Washington, DC — The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) has issued a no-action letter (CFTC Letter No. 16-33) regarding the masking of certain information reportable under the ownership and control final rule (OCR Final…
Feb 1, 2016
MCC Construction Company (MCC) has agreed to pay $1,769,294 in criminal penalties and forfeiture for conspiring to commit fraud on the United States by illegally obtaining government contracts that were intended for small, disadvantaged businesses. MCC was a construction management…
Jan 28, 2016
WASHINGTON (AFNS) -- The Boeing Company was awarded a contract Jan. 29 for risk reduction activities for the Presidential Aircraft Recapitalization program, which will field the next Air Force One. This is the first contract the Air Force has awarded…
Jan 27, 2016
Medical devices such as the infusion pumps that deliver medication intravenously were once standalone instruments that interacted only with the patient. Today, they have operating systems and communications hardware that allow them to connect to other devices and networks. While…