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Regulatory Oversight Penalties

Orrick, Herrington & Sutcliffe LLP

CFTC Commissioner discusses AI in financial services

On July 8, CFTC Commissioner Kristin Johnson remarked on the rapid integration of AI and machine learning technologies specific to the financial sector. To deter bad actors, the Commissioner noted how using AI to commit fraud...more

Hogan Lovells

Telecoms and Broadcasting Law: New regulatory burdens and regulated entities

Hogan Lovells on

The recently approved Telecoms Law introduces new categories of regulated entities and imposes additional regulatory burdens on the industry. Four groups stand out among the newly regulated parties. First, digital platforms...more

Troutman Pepper Locke

DOJ Antitrust Unit Launches Whistleblower Rewards Program

Troutman Pepper Locke on

The U.S. Department of Justice, Antitrust Division (DOJ) has announced a new initiative aimed at enhancing the detection and prosecution of antitrust violations. ...more

Orrick, Herrington & Sutcliffe LLP

FDIC issues enforcement actions for May 2025

On June 27, the FDIC published a list of administrative enforcement actions taken against banks and individuals in May. According to the FDIC, the Corporation issued 12 orders and two notices, including one consent order, one...more

Wilson Sonsini Goodrich & Rosati

Nevada Passes Law Limiting AI Use for Mental and Behavioral Healthcare

On June 5, 2025, Nevada Governor Joe Lombardo signed AB 406, a law regulating the use of artificial intelligence (AI) for mental and behavioral healthcare. AB 406 comes as other states, such as Utah and New York, have taken...more

Mayer Brown

Novas Regras para Homologação e Operação dos Sistemas Free Flow nas Rodovias Brasileiras

Mayer Brown on

A Portaria Senatran nº 442/2025, publicada em 12 de junho de 2025, estabelece os procedimentos obrigatórios para homologação e interoperabilidade de sistemas de livre passagem (free flow) em rodovias de todo o território...more

Cozen O'Connor

NY AG’s Closure of Online Sweepstakes Casinos Not Left to Chance

Cozen O'Connor on

New York AG Letitia James sent cease-and-desist letters to 26 online sweepstakes casino platforms alleging that they engage in prohibited gambling activity. In the letters, the AG demands that the virtual “sweepstakes...more

Snell & Wilmer

Banned, Fined, and Redefined: The 2025 State Crackdown on Online Sweepstakes

Snell & Wilmer on

Recent events around the country indicate that online sweepstakes are facing increasing scrutiny and concerns from legislatures, regulators and others. “Montana just criminalized everyday digital promotions with a law so...more

Morrison & Foerster LLP

Proactivity in Product Safety: Best Practices for Compliance

Consumer product companies are facing unprecedented scrutiny as the Consumer Product Safety Commission (CPSC) intensifies its regulatory oversight. With heightened civil penalties, increased monitoring of e-commerce...more

Orrick, Herrington & Sutcliffe LLP

OCC releases May 2025 enforcement actions

On May 15, the OCC announced enforcement actions against two banks and three institution-affiliated parties. The OCC issued cease and desist orders to banks in Miami, as well as Beverly Hills, California, respectively, for...more

Dacheng

Regulatory Escalation in Pharma Sector: China Imposes First Executive Sanctions in a Cartel Case

Dacheng on

On May 9, 2025, the Tianjin Municipal Administration for Market Regulation (“Tianjin AMR”) announced administrative penalties against four manufacturers of dexamethasone sodium phosphate (“DSP”) active pharmaceutical...more

Katten Muchin Rosenman LLP

Walking the Talk, Ofcom’s Online Safety Act Enforcement

Back in March 2025, we published an article highlighting that Ofcom will be turning up the heat to ramp up pressure on platforms in relation to their duties to the UK’s Online Safety Act (OSA). There has been a flurry of...more

White & Case LLP

“Unsubstantiated” suspicious transaction reports

White & Case LLP on

While financial institutions, on the one hand, are in the process of implementing and preparing to apply the fundamental amendments and changes that will take place in upcoming years by the EU AML Package—entering into force...more

Barnea Jaffa Lande & Co.

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more

Mayer Brown

New Federal Decree Regulates Renovabio Penalties

Mayer Brown on

On April 17, Federal Decree No. 12,437/2025 (the “Decree”) was published, regulating recent amendments to the National Biofuels Policy (Renovabio) introduced by Law No. 15,082/2024. The Decree aims to strengthen oversight...more

Cornerstone Research

CME Group Disciplinary Notices Held Steady in 2024 After Significant Jump in 2023

Cornerstone Research on

Disciplinary notices issued by the CME Group’s Market Regulation Enforcement team remained steady in 2024 after experiencing a significant increase in 2023, according to a new report by Cornerstone Research. The report,...more

Skadden, Arps, Slate, Meagher & Flom LLP

CFTC Director of Enforcement Provides Insight on Recent Advisory

On March 27, 2025, the Futures Industry Association hosted a webinar with Brian Young, the director of the U.S. Commodity Futures Trading Commission (CFTC) Division of Enforcement. Although he noted that the opinions...more

Akin Gump Strauss Hauer & Feld LLP

FERC Proposes Landmark Penalty for Alleged Energy Efficiency Resource Capacity Market Manipulation

On December 16, 2024, the Federal Energy Regulatory Commission (FERC or the Commission) issued an Order to Show Cause and Notice of Proposed Penalty proposing to assess staggering civil penalties against American Efficient,...more

Clark Hill PLC

Right To Know - June 2024, Vol. 18

Clark Hill PLC on

Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

International Lawyers Network

Data Privacy Guide - Argentina

In Argentina, data protection is governed by comprehensive legislation aimed at safeguarding individuals' personal data. Below you will find an outline of the key aspects including governing legislation, exploring their scope...more

Bass, Berry & Sims PLC

CFIUS Update: Larger Penalties, Sharper Monitoring

Bass, Berry & Sims PLC on

On April 11, the U.S. Treasury Department promulgated a Notice of Proposed Rulemaking (NPRM) amending the regulations that govern the operations of the Committee on Foreign Investment in the United States (CFIUS) to increase...more

J.S. Held

Crosscurrents: California’s Senate Bill 253 Mandates Carbon Reporting for Large Companies

J.S. Held on

Meta Description: California’s Senate Bill 253 introduces mandatory climate disclosure requirements for large companies. Learn about emissions reporting and how Bill 253 leads the way into environmental accountability....more

Troutman Pepper Locke

Understanding the NCAA’s New Gambling Guidelines: Permanent Bans and Reinstatement Policies

Troutman Pepper Locke on

The world of sports gambling has undergone a transformative shift in recent years, with the widespread legalization of betting in numerous states. The Supreme Court’s 2018 ruling striking down the Professional and Amateur...more

King & Spalding

Illinois House Passes Legislation to Increase State Oversight of Healthcare Consolidation

King & Spalding on

On March 24, 2023, the Illinois House of Representatives passed HB 2222. If passed by the Illinois Senate and signed by Illinois’ Governor, HB 2222 would amend the Illinois Antitrust Act (the Act) to add reporting...more

Bass, Berry & Sims PLC

Foreign Corrupt Practices Act Enforcement Update: Q1 2022

There have been a relatively limited number of U.S. Foreign Corrupt Practices Act (FCPA) enforcement actions in recent years. Nonetheless, two recent announcements (one resolution, one declination) by U.S. regulators...more

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