Paul Tyrrell

Jan 14, 2025 | corporatecomplianceinsights.com | Paul Tyrrell

Investment advisers can’t afford to wait until the last minute to address new AML requirements. Paul Tyrrell of Sidley Austin details the extensive groundwork needed — from risk assessments to SAR protocols — before a 2026 compliance deadline hits.

Jul 8, 2024 | lexology.com | Joel D Feinberg |David E Teitelbaum |Paul Tyrrell |Stanley J. Boris |Kristin S. Teager |Nicole Cary

On June 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a proposed rule (Proposed Rule) to strengthen and modernize financial institutions’ anti-money-laundering and countering the financing of terrorism (AML/CFT) programs.1 The Proposed Rule would amend FinCEN’s regulations to implement minimum components for AML/CFT programs required by the Anti-Money Laundering Act of 2020 (AML Act) as well as technical changes to promote clarity and consistency across the rules for...

Feb 14, 2024 | lexology.com | Paul Tyrrell |Jay G. Baris |Elizabeth Shea Fries |Stephen Cohen |Timothy J. Treanor |Stanley J. Boris | +1 more

On February 13, 2024, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) withdrew its 2015 notice of proposed rulemaking (NPRM) related to registered investment advisers (RIAs) and released a new notice of proposed rulemaking seeking to impose anti-money-laundering/counter-terrorist financing (AML/CTF) program requirements for the U.S. Securities and Exchange Commission (SEC) RIAs along with SEC exempt reporting advisers (ERAs).1 The addition of ERA as a covered investment...

Feb 1, 2024 | tulsaworld.com | Jason Collington |Paul Tyrrell |Ginnie Graham |Tim Chamberlin

Glenpool is the first to use a legal provision to hold teachers to employment contracts after two left for Epic Charter Schools at semester br… Here are the best softball players in the Tulsa area for the 2023 season. The cast and creative team made a weekend visit to Tulsa.

Jan 22, 2024 | lexology.com | Christopher Lee |Steven Sexton |Joanna R. Travalini |Paul Tyrrell |Casey Khan |Andrew Yodis

On January 8, 2024, the Fifth Circuit Court of Appeals reversed a $6.5 million jury verdict, holding that the U.S. Commodity Futures Trading Commission (CFTC) failed to provide fair notice of its interpretation of a decades-old rule preventing commodities traders from “taking the other side of orders” without clients’ consent.1 The Fifth Circuit noted that this was a case of first impression and agreed with EOX Holdings LLC (EOX) and its commodities broker, Andrew Gizienski, that the CFTC...