Kaitlyn Tongalson

1 month ago | mondaq.com | Katherine Goldstein |Michael Asaro |Kaitlyn Tongalson |Peter Altman

On March 11, 2025, CFTC Acting Chair Caroline D. Pham announceda new 30-day "enforcement sprint" during her keynoteaddress at the Futures Industry Association's 50th annualconference, a unique approach to resolving matters which may be ofinterest to registrants with open investigations or matters toself-report which meet certain criteria.

Apr 8, 2024 | lexology.com | Peter Altman |Michael Asaro |Charles Connolly |Brian Daly |Jason Daniel |Anne Evans | +7 more

On April 3, 2024, the U.S. Securities and Exchange Commission (SEC) announced its first enforcement action against a registered investment adviser (RIA) with no ties to a broker-dealer regarding so-called “off-channel” communications—that is, communications sent away from firm-captured devices and/or firm-approved communications platforms.

Feb 12, 2024 | lexology.com | Peter Altman |Michael Asaro |Charles Connolly |Brian Daly |Jason Daniel |Anne Evans | +7 more

Key PointsLast week, the SEC announced settlements with 16 broker-dealers, dually registered broker-dealers and investment advisers, and affiliated investment advisers in connection with their failures to maintain and preserve electronic “off-channel” communications. This announcement reflects the latest in a wave of enforcement actions against financial firms throughout the industry for their employees’ use of “off-channel” communications to conduct business. Gurbir S.

Nov 1, 2023 | lexology.com | Peter Altman |Michael Asaro |Katherine Goldstein |Parvin Moyne |Douglas Rappaport |Kaitlyn Tongalson | +3 more

On October 24, 2023, the Director of the Securities and Exchange Commission’s Enforcement Division, Gurbir S. Grewal, gave a keynote address to the New York City Bar Association’s 2023 Compliance Institute. This address, which was targeted primarily at compliance officers in the private funds space, represents a maturation in how the Enforcement Division views the role of the Chief Compliance Officer.

Sep 14, 2023 | lexology.com | Peter Altman |Michael Asaro |Charles Connolly |Anne Evans |Katherine Goldstein |Claudius Modesti | +3 more

Key PointJust over two weeks after the SEC announced the settlement of its first NFT enforcement action against Impact Theory, on September 13, 2023, the SEC announced its second NFT enforcement action against SC2, the creator of a popular, celebrity-backed animated web series. The SEC charged SC2 with conducting an unregistered offering of digital assets in the form of non-fungible tokens called “Stoner Cats.”SEC v.